diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6e0e05649231..82a30f716c24 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -37,6 +37,10 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
+### Bug Fixes
+
+* [\#10414](https://github.com/cosmos/cosmos-sdk/pull/10414) Use `sdk.GetConfig().GetFullBIP44Path()` instead `sdk.FullFundraiserPath` to generate key
+
 ## [v0.44.3](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.44.3) - 2021-10-21
 
 ### Improvements
diff --git a/server/init.go b/server/init.go
index 389b231e9975..dabb1be40d48 100644
--- a/server/init.go
+++ b/server/init.go
@@ -12,7 +12,7 @@ import (
 // phrase to recover the private key.
 func GenerateCoinKey(algo keyring.SignatureAlgo) (sdk.AccAddress, string, error) {
 	// generate a private key, with recovery phrase
-	info, secret, err := keyring.NewInMemory().NewMnemonic("name", keyring.English, sdk.FullFundraiserPath, keyring.DefaultBIP39Passphrase, algo)
+	info, secret, err := keyring.NewInMemory().NewMnemonic("name", keyring.English, sdk.GetConfig().GetFullBIP44Path(), keyring.DefaultBIP39Passphrase, algo)
 	if err != nil {
 		return sdk.AccAddress([]byte{}), "", err
 	}
@@ -43,7 +43,7 @@ func GenerateSaveCoinKey(keybase keyring.Keyring, keyName string, overwrite bool
 		}
 	}
 
-	info, secret, err := keybase.NewMnemonic(keyName, keyring.English, sdk.FullFundraiserPath, keyring.DefaultBIP39Passphrase, algo)
+	info, secret, err := keybase.NewMnemonic(keyName, keyring.English, sdk.GetConfig().GetFullBIP44Path(), keyring.DefaultBIP39Passphrase, algo)
 	if err != nil {
 		return sdk.AccAddress([]byte{}), "", err
 	}