diff --git a/.github/workflows/buildtest.yaml b/.github/workflows/buildtest.yaml
index 9fc07bd22..5caff3fce 100644
--- a/.github/workflows/buildtest.yaml
+++ b/.github/workflows/buildtest.yaml
@@ -80,7 +80,6 @@ jobs:
       - name: Upload coverage reports to Codecov with GitHub Action
         uses: codecov/codecov-action@v3
         with:
-          token: ${{ secrets.CODECOV_TOKEN }} # not required for public repos
           files: ./coverage_nogen.txt
           flags: unittests
           fail_ci_if_error: true
diff --git a/app/app.go b/app/app.go
index e3d5e3ec1..b5a7dc572 100644
--- a/app/app.go
+++ b/app/app.go
@@ -209,15 +209,16 @@ var (
 		authtypes.FeeCollectorName: nil,
 		distrtypes.ModuleName:      nil,
 		// TODO: Remove Burner from mint - for dev/test only;
-		minttypes.ModuleName:              {authtypes.Minter, authtypes.Burner},
-		stakingtypes.BondedPoolName:       {authtypes.Burner, authtypes.Staking},
-		stakingtypes.NotBondedPoolName:    {authtypes.Burner, authtypes.Staking},
-		govtypes.ModuleName:               {authtypes.Burner},
-		ibctransfertypes.ModuleName:       {authtypes.Minter, authtypes.Burner},
-		icatypes.ModuleName:               nil,
-		claimsmanagertypes.ModuleName:     nil,
-		interchainstakingtypes.ModuleName: {authtypes.Minter, authtypes.Burner},
-		interchainquerytypes.ModuleName:   nil,
+		minttypes.ModuleName:                       {authtypes.Minter, authtypes.Burner},
+		stakingtypes.BondedPoolName:                {authtypes.Burner, authtypes.Staking},
+		stakingtypes.NotBondedPoolName:             {authtypes.Burner, authtypes.Staking},
+		govtypes.ModuleName:                        {authtypes.Burner},
+		ibctransfertypes.ModuleName:                {authtypes.Minter, authtypes.Burner},
+		icatypes.ModuleName:                        nil,
+		claimsmanagertypes.ModuleName:              nil,
+		interchainstakingtypes.ModuleName:          {authtypes.Minter},
+		interchainstakingtypes.EscrowModuleAccount: {authtypes.Burner},
+		interchainquerytypes.ModuleName:            nil,
 		// TODO: Remove Burner from participationrewards - for dev/test only;
 		participationrewardstypes.ModuleName: {authtypes.Burner},
 		airdroptypes.ModuleName:              nil,
diff --git a/x/interchainstaking/keeper/ibc_packet_handlers.go b/x/interchainstaking/keeper/ibc_packet_handlers.go
index 632e199c0..d6e6ae074 100644
--- a/x/interchainstaking/keeper/ibc_packet_handlers.go
+++ b/x/interchainstaking/keeper/ibc_packet_handlers.go
@@ -338,7 +338,7 @@ func (k *Keeper) HandleWithdrawForUser(ctx sdk.Context, zone *types.Zone, msg *b
 	if len(withdrawalRecord.Amount) == 1 && len(msg.Amount) == 1 && msg.Amount[0].Denom == withdrawalRecord.Amount[0].Denom && withdrawalRecord.Amount.IsEqual(msg.Amount) {
 		k.Logger(ctx).Info("found matching withdrawal; marking as completed")
 		k.UpdateWithdrawalRecordStatus(ctx, &withdrawalRecord, WithdrawStatusCompleted)
-		if err = k.BankKeeper.BurnCoins(ctx, types.ModuleName, sdk.NewCoins(withdrawalRecord.BurnAmount)); err != nil {
+		if err = k.BankKeeper.BurnCoins(ctx, types.EscrowModuleAccount, sdk.NewCoins(withdrawalRecord.BurnAmount)); err != nil {
 			// if we can't burn the coins, fail.
 			return err
 		}
@@ -357,7 +357,7 @@ func (k *Keeper) HandleWithdrawForUser(ctx sdk.Context, zone *types.Zone, msg *b
 					// we just removed the last element
 					k.Logger(ctx).Info("found matching withdrawal; marking as completed")
 					k.UpdateWithdrawalRecordStatus(ctx, &withdrawalRecord, WithdrawStatusCompleted)
-					if err = k.BankKeeper.BurnCoins(ctx, types.ModuleName, sdk.NewCoins(withdrawalRecord.BurnAmount)); err != nil {
+					if err = k.BankKeeper.BurnCoins(ctx, types.EscrowModuleAccount, sdk.NewCoins(withdrawalRecord.BurnAmount)); err != nil {
 						// if we can't burn the coins, fail.
 						return err
 					}
diff --git a/x/interchainstaking/keeper/ibc_packet_handlers_test.go b/x/interchainstaking/keeper/ibc_packet_handlers_test.go
index 870e43e66..c5f6348de 100644
--- a/x/interchainstaking/keeper/ibc_packet_handlers_test.go
+++ b/x/interchainstaking/keeper/ibc_packet_handlers_test.go
@@ -561,7 +561,10 @@ func (s *KeeperTestSuite) TestHandleWithdrawForUser() {
 			// set up zones
 			for _, record := range records {
 				app.InterchainstakingKeeper.SetWithdrawalRecord(ctx, record)
-				app.BankKeeper.MintCoins(ctx, icstypes.ModuleName, sdk.NewCoins(record.BurnAmount))
+				err := app.BankKeeper.MintCoins(ctx, icstypes.ModuleName, sdk.NewCoins(record.BurnAmount))
+				s.Require().NoError(err)
+				err = app.BankKeeper.SendCoinsFromModuleToModule(ctx, icstypes.ModuleName, icstypes.EscrowModuleAccount, sdk.NewCoins(record.BurnAmount))
+				s.Require().NoError(err)
 			}
 
 			// trigger handler
@@ -672,7 +675,10 @@ func (s *KeeperTestSuite) TestHandleWithdrawForUserLSM() {
 			// set up zones
 			for _, record := range records {
 				app.InterchainstakingKeeper.SetWithdrawalRecord(ctx, record)
-				app.BankKeeper.MintCoins(ctx, icstypes.ModuleName, sdk.NewCoins(record.BurnAmount))
+				err := app.BankKeeper.MintCoins(ctx, icstypes.ModuleName, sdk.NewCoins(record.BurnAmount))
+				s.Require().NoError(err)
+				err = app.BankKeeper.SendCoinsFromModuleToModule(ctx, icstypes.ModuleName, icstypes.EscrowModuleAccount, sdk.NewCoins(record.BurnAmount))
+				s.Require().NoError(err)
 			}
 
 			// trigger handler
diff --git a/x/interchainstaking/keeper/keeper.go b/x/interchainstaking/keeper/keeper.go
index 3182fe147..3f1eb42dc 100644
--- a/x/interchainstaking/keeper/keeper.go
+++ b/x/interchainstaking/keeper/keeper.go
@@ -57,6 +57,10 @@ func NewKeeper(cdc codec.Codec, storeKey storetypes.StoreKey, accountKeeper auth
 		panic(fmt.Sprintf("%s module account has not been set", types.ModuleName))
 	}
 
+	if addr := accountKeeper.GetModuleAddress(types.EscrowModuleAccount); addr == nil {
+		panic(fmt.Sprintf("%s module account has not been set", types.ModuleName))
+	}
+
 	if !ps.HasKeyTable() {
 		ps = ps.WithKeyTable(types.ParamKeyTable())
 	}
diff --git a/x/interchainstaking/keeper/msg_server.go b/x/interchainstaking/keeper/msg_server.go
index 19287b7b6..80834800a 100644
--- a/x/interchainstaking/keeper/msg_server.go
+++ b/x/interchainstaking/keeper/msg_server.go
@@ -101,7 +101,7 @@ func (k msgServer) RequestRedemption(goCtx context.Context, msg *types.MsgReques
 	hash := sha256.Sum256(append(msg.GetSignBytes(), heightBytes...))
 	hashString := hex.EncodeToString(hash[:])
 
-	if err := k.BankKeeper.SendCoinsFromAccountToModule(ctx, sender, types.ModuleName, sdk.NewCoins(msg.Value)); err != nil {
+	if err := k.BankKeeper.SendCoinsFromAccountToModule(ctx, sender, types.EscrowModuleAccount, sdk.NewCoins(msg.Value)); err != nil {
 		return nil, err
 	}
 
diff --git a/x/interchainstaking/types/keys.go b/x/interchainstaking/types/keys.go
index e6b831cf2..f263a59fd 100644
--- a/x/interchainstaking/types/keys.go
+++ b/x/interchainstaking/types/keys.go
@@ -37,7 +37,8 @@ const (
 	ICASuffixWithdrawal  = "withdrawal"
 	ICASuffixPerformance = "performance"
 
-	BankStoreKey = "store/bank/key"
+	BankStoreKey        = "store/bank/key"
+	EscrowModuleAccount = "ics-escrow-account"
 )
 
 var (