diff --git a/etherlink/CHANGES_KERNEL.md b/etherlink/CHANGES_KERNEL.md
index 681f46689da88b757d23315ebf714f3c101c4e21..0caa28897e792275b19d837f016dfa3fd3378ac7 100644
--- a/etherlink/CHANGES_KERNEL.md
+++ b/etherlink/CHANGES_KERNEL.md
@@ -2,7 +2,7 @@
 
 ## Version NEXT
 
-Its storage version is 35.
+Its storage version is 36.
 
 ### Features
 
@@ -17,6 +17,10 @@ Its storage version is 35.
   be automatically capped at the maximum permitted value. (!18179)
 - Bump the capacity of Etherlink to 8MGas/s (meaning a target per second to
   4MGas/s). (!18452)
+- Update the Layer 1 governance contracts to take into account alternative voting keys for bakers. (!18505)
+    - [`KT1VZVNCNnhUp7s15d9RsdycP7C1iwYhAQ8r`](https://better-call.dev/mainnet/KT1VZVNCNnhUp7s15d9RsdycP7C1iwYhAQ8r) for the slow upgrade governance
+    - [`KT1DxndcFitAbxLdJCN3C1pPivqbC3RJxD1R`](https://better-call.dev/mainnet/KT1DxndcFitAbxLdJCN3C1pPivqbC3RJxD1R) for the fast upgrade governance
+    - [`KT1WckZ2uiLfHCfQyNp1mtqeRcC1X6Jg2Qzf`](https://better-call.dev/mainnet/KT1WckZ2uiLfHCfQyNp1mtqeRcC1X6Jg2Qzf) for the sequencer governance
 
 ### Bug fixes
 
diff --git a/etherlink/kernel_latest/kernel/src/migration.rs b/etherlink/kernel_latest/kernel/src/migration.rs
index adb48d92f2d7200a23cc36dd1259a5e98d272c97..71e96dca78c5c982ffb23d8019a3962183c893cd 100644
--- a/etherlink/kernel_latest/kernel/src/migration.rs
+++ b/etherlink/kernel_latest/kernel/src/migration.rs
@@ -375,6 +375,27 @@ fn migrate_to<Host: Runtime>(
             // predict the gas price
             Ok(MigrationStatus::Done)
         }
+        StorageVersion::V36 => {
+            if is_etherlink_network(host, MAINNET_CHAIN_ID)? {
+                const REGULAR_GOVERNANCE_KT: &[u8] =
+                    b"KT1VZVNCNnhUp7s15d9RsdycP7C1iwYhAQ8r";
+                const SECURITY_GOVERNANCE_KT: &[u8] =
+                    b"KT1DxndcFitAbxLdJCN3C1pPivqbC3RJxD1R";
+                const SEQUENCER_GOVERNANCE_KT: &[u8] =
+                    b"KT1WckZ2uiLfHCfQyNp1mtqeRcC1X6Jg2Qzf";
+
+                host.store_write_all(&KERNEL_GOVERNANCE, REGULAR_GOVERNANCE_KT)?;
+                host.store_write_all(
+                    &KERNEL_SECURITY_GOVERNANCE,
+                    SECURITY_GOVERNANCE_KT,
+                )?;
+                host.store_write_all(&SEQUENCER_GOVERNANCE, SEQUENCER_GOVERNANCE_KT)?;
+
+                Ok(MigrationStatus::Done)
+            } else {
+                Ok(MigrationStatus::None)
+            }
+        }
     }
 }
 
diff --git a/etherlink/kernel_latest/kernel/src/storage.rs b/etherlink/kernel_latest/kernel/src/storage.rs
index 90930323d202f6863b3c1315658309aae9325913..bc131c20efbda6a0362cfb563ea3218e3abd0099 100644
--- a/etherlink/kernel_latest/kernel/src/storage.rs
+++ b/etherlink/kernel_latest/kernel/src/storage.rs
@@ -69,6 +69,7 @@ pub enum StorageVersion {
     V33,
     V34,
     V35,
+    V36,
 }
 
 impl From<StorageVersion> for u64 {
@@ -83,7 +84,7 @@ impl StorageVersion {
     }
 }
 
-pub const STORAGE_VERSION: StorageVersion = StorageVersion::V35;
+pub const STORAGE_VERSION: StorageVersion = StorageVersion::V36;
 
 pub const PRIVATE_FLAG_PATH: RefPath = RefPath::assert_from(b"/evm/remove_whitelist");
 
diff --git a/etherlink/kernel_latest/kernel/tests/resources/failed_migration.wasm b/etherlink/kernel_latest/kernel/tests/resources/failed_migration.wasm
index acf8906603257cf662973cc4f75625781c8f9a2e..39edc062b1545f018d898892954f47a36ef7ccb6 100755
Binary files a/etherlink/kernel_latest/kernel/tests/resources/failed_migration.wasm and b/etherlink/kernel_latest/kernel/tests/resources/failed_migration.wasm differ