diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0b6cdf6651b..6bdfcb3388a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -74,6 +74,7 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 * [#1857](https://github.com/osmosis-labs/osmosis/pull/1857) x/mint rename GetLastHalvenEpochNum to GetLastReductionEpochNum
 * [#2394](https://github.com/osmosis-labs/osmosis/pull/2394) Remove unused interface methods from expected keepers of each module
 * [#2390](https://github.com/osmosis-labs/osmosis/pull/2390) x/mint remove unused mintCoins parameter from AfterDistributeMintedCoin
+* [#2418](https://github.com/osmosis-labs/osmosis/pull/2418) x/mint remove SetInitialSupplyOffsetDuringMigration from keeper
 * [#2417](https://github.com/osmosis-labs/osmosis/pull/2417) x/mint unexport keeper `SetLastReductionEpochNum`, `getLastReductionEpochNum`, `CreateDeveloperVestingModuleAccount`, and `MintCoins`
 
 ### Features
diff --git a/app/upgrades/v7/upgrades.go b/app/upgrades/v7/upgrades.go
index 5cf0b72674e..5dbc6cb5169 100644
--- a/app/upgrades/v7/upgrades.go
+++ b/app/upgrades/v7/upgrades.go
@@ -54,10 +54,12 @@ func CreateUpgradeHandler(
 		}
 		keepers.SuperfluidKeeper.AddNewSuperfluidAsset(ctx, superfluidAsset)
 
-		// Set the supply offset from the developer vesting account
-		if err := keepers.MintKeeper.SetInitialSupplyOffsetDuringMigration(ctx); err != nil {
-			panic(err)
-		}
+		// N.B.: This is left for historic reasons.
+		// After the v7 upgrade, there was no need for this function anymore so it was removed.
+		// // Set the supply offset from the developer vesting account
+		// if err := keepers.MintKeeper.SetInitialSupplyOffsetDuringMigration(ctx); err != nil {
+		// 	panic(err)
+		// }
 
 		return newVM, err
 	}
diff --git a/x/mint/keeper/keeper.go b/x/mint/keeper/keeper.go
index 0cdf008e51e..6ef4decd2a2 100644
--- a/x/mint/keeper/keeper.go
+++ b/x/mint/keeper/keeper.go
@@ -75,23 +75,6 @@ func NewKeeper(
 	}
 }
 
-// SetInitialSupplyOffsetDuringMigration sets the supply offset based on the balance of the
-// developer vesting module account. CreateDeveloperVestingModuleAccount must be called
-// prior to calling this method. That is, developer vesting module account must exist when
-// SetInitialSupplyOffsetDuringMigration is called. Also, SetInitialSupplyOffsetDuringMigration
-// should only be called one time during the initial migration to v7. This is done so because
-// we would like to ensure that unvested developer tokens are not returned as part of the supply
-// queries. The method returns an error if current height in ctx is greater than the v7 upgrade height.
-func (k Keeper) SetInitialSupplyOffsetDuringMigration(ctx sdk.Context) error {
-	if !k.accountKeeper.HasAccount(ctx, k.accountKeeper.GetModuleAddress(types.DeveloperVestingModuleAcctName)) {
-		return sdkerrors.Wrapf(types.ErrModuleDoesnotExist, "%s vesting module account doesnot exist", types.DeveloperVestingModuleAcctName)
-	}
-
-	moduleAccBalance := k.bankKeeper.GetBalance(ctx, k.accountKeeper.GetModuleAddress(types.DeveloperVestingModuleAcctName), k.GetParams(ctx).MintDenom)
-	k.bankKeeper.AddSupplyOffset(ctx, moduleAccBalance.Denom, moduleAccBalance.Amount.Neg())
-	return nil
-}
-
 // Logger returns a module-specific logger.
 func (k Keeper) Logger(ctx sdk.Context) log.Logger {
 	return ctx.Logger().With("module", "x/"+types.ModuleName)
diff --git a/x/mint/keeper/keeper_test.go b/x/mint/keeper/keeper_test.go
index 638a82dc90f..b28fe977fc0 100644
--- a/x/mint/keeper/keeper_test.go
+++ b/x/mint/keeper/keeper_test.go
@@ -311,57 +311,6 @@ func (suite *KeeperTestSuite) TestCreateDeveloperVestingModuleAccount() {
 	}
 }
 
-func (suite *KeeperTestSuite) TestSetInitialSupplyOffsetDuringMigration() {
-	testcases := map[string]struct {
-		blockHeight                     int64
-		isDeveloperModuleAccountCreated bool
-
-		expectedError error
-	}{
-		"valid call": {
-			blockHeight:                     1,
-			isDeveloperModuleAccountCreated: true,
-		},
-		"dev vesting module account does not exist": {
-			blockHeight:   1,
-			expectedError: sdkerrors.Wrapf(types.ErrModuleDoesnotExist, "%s vesting module account doesnot exist", types.DeveloperVestingModuleAcctName),
-		},
-	}
-
-	for name, tc := range testcases {
-		suite.Run(name, func() {
-			suite.setupDeveloperVestingModuleAccountTest(tc.blockHeight, tc.isDeveloperModuleAccountCreated)
-			ctx := suite.Ctx
-			bankKeeper := suite.App.BankKeeper
-			mintKeeper := suite.App.MintKeeper
-
-			// in order to ensure the offset is correctly calculated, we need to mint the supply + 1
-			// this is because a negative supply offset will always return zero
-			// by setting this to the supply + 1, we ensure we are correctly calculating the offset by keeping it delta positive
-			suite.MintCoins(sdk.NewCoins(sdk.NewCoin(sdk.DefaultBondDenom, sdk.NewInt(keeper.DeveloperVestingAmount+1))))
-
-			supplyWithOffsetBefore := bankKeeper.GetSupplyWithOffset(ctx, sdk.DefaultBondDenom)
-			supplyOffsetBefore := bankKeeper.GetSupplyOffset(ctx, sdk.DefaultBondDenom)
-
-			// Test
-			actualError := mintKeeper.SetInitialSupplyOffsetDuringMigration(ctx)
-
-			if tc.expectedError != nil {
-				suite.Require().Error(actualError)
-				suite.Require().ErrorIs(actualError, tc.expectedError)
-
-				suite.Require().Equal(supplyWithOffsetBefore.Amount, bankKeeper.GetSupplyWithOffset(ctx, sdk.DefaultBondDenom).Amount)
-				suite.Require().Equal(supplyOffsetBefore, bankKeeper.GetSupplyOffset(ctx, sdk.DefaultBondDenom))
-				return
-			}
-			suite.Require().NoError(actualError)
-
-			suite.Require().Equal(supplyWithOffsetBefore.Amount.Sub(sdk.NewInt(keeper.DeveloperVestingAmount)), bankKeeper.GetSupplyWithOffset(ctx, sdk.DefaultBondDenom).Amount)
-			suite.Require().Equal(supplyOffsetBefore.Sub(sdk.NewInt(keeper.DeveloperVestingAmount)), bankKeeper.GetSupplyOffset(ctx, sdk.DefaultBondDenom))
-		})
-	}
-}
-
 // TestDistributeToModule tests that distribution from mint module to another module helper
 // function is working as expected.
 func (suite *KeeperTestSuite) TestDistributeToModule() {