diff --git a/Cargo.lock b/Cargo.lock
index 2f0bdc593..683fb8df0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1704,7 +1704,7 @@ dependencies = [
 
 [[package]]
 name = "near-sdk-sim"
-version = "3.1.1"
+version = "3.2.0"
 dependencies = [
  "fungible-token",
  "funty",
diff --git a/examples/fungible-token/Cargo.lock b/examples/fungible-token/Cargo.lock
index 6dd045ee5..4da92d2dd 100644
--- a/examples/fungible-token/Cargo.lock
+++ b/examples/fungible-token/Cargo.lock
@@ -1717,7 +1717,7 @@ dependencies = [
 
 [[package]]
 name = "near-sdk-sim"
-version = "3.1.1"
+version = "3.2.0"
 dependencies = [
  "funty",
  "lazy-static-include",
diff --git a/examples/fungible-token/tests/sim/utils.rs b/examples/fungible-token/tests/sim/utils.rs
index f207e1eef..b15aa7f95 100644
--- a/examples/fungible-token/tests/sim/utils.rs
+++ b/examples/fungible-token/tests/sim/utils.rs
@@ -35,7 +35,7 @@ pub fn register_user(user: &near_sdk_sim::UserAccount) {
 pub fn init_no_macros(initial_balance: u128) -> (UserAccount, UserAccount, UserAccount) {
     let root = init_simulator(None);
 
-    let ft = root.deploy(&FT_WASM_BYTES, FT_ID.into(), STORAGE_AMOUNT);
+    let ft = root.deploy(&FT_WASM_BYTES, FT_ID.into(), to_yocto("5"));
 
     ft.call(
         FT_ID.into(),
diff --git a/near-sdk-sim/Cargo.toml b/near-sdk-sim/Cargo.toml
index dfb5da02c..c202f1933 100644
--- a/near-sdk-sim/Cargo.toml
+++ b/near-sdk-sim/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "near-sdk-sim"
-version = "3.1.1"
+version = "3.2.0"
 authors = ["Near Inc <hello@near.org>"]
 edition = "2018"
 license = "GPL-3.0"
diff --git a/near-sdk-sim/README.md b/near-sdk-sim/README.md
index 7c96b5245..7c6d6912f 100644
--- a/near-sdk-sim/README.md
+++ b/near-sdk-sim/README.md
@@ -14,9 +14,12 @@ To view this documentation locally, clone this repo and from this folder run `ca
 
 ## Changelog
 
-### `3.1.1`
+### `3.2.0`
 
-* Fixed stack overflow for deep chain [PR #385](https://github.com/near/near-sdk-rs/pull/385).
+* Introduce `block_prod_time` duration in nanoseconds to `GenesisConfig` that defines the duration between produced blocks.
+* Expose `cur_block` and `genesis_config` from `RuntimeStandalone`. This allows to manipulate block time.
+* Use `RuntimeConfig::from_protocol_version` that fixes storage costs issue.
+* Set root account balance to one billion tokens.
 
 # Getting started
 
@@ -28,7 +31,7 @@ Currently this crate depends on a the GitHub repo of [nearcore](https://github.c
 
 ```toml
 [dev-dependencies]
-near-sdk-sim = "3.1.1"
+near-sdk-sim = "3.2.0"
 
 ```
 
@@ -36,7 +39,7 @@ And update `near-sdk` too:
 
 ```toml
 [dependencies]
-near-sdk = "3.1.1"
+near-sdk = "3.1.0"
 
 ```
 
@@ -61,8 +64,8 @@ Now in the root of the project (`contract-wrap`), create a new `Cargo.toml`. You
 
 ```toml
 [dev-dependencies]
-near-sdk = "3.1.1"
-near-sdk-sim = "3.1.1"
+near-sdk = "3.1.0"
+near-sdk-sim = "3.2.0"
 contract = { path = "./contract" }
 
 [workspace]
diff --git a/near-sdk-sim/src/runtime.rs b/near-sdk-sim/src/runtime.rs
index 4138cc959..ac690d183 100644
--- a/near-sdk-sim/src/runtime.rs
+++ b/near-sdk-sim/src/runtime.rs
@@ -56,7 +56,12 @@ pub struct GenesisConfig {
 
 impl Default for GenesisConfig {
     fn default() -> Self {
-        let runtime_config = RuntimeConfig::default();
+        let runtime_config = RuntimeConfig::from_protocol_version(
+            &Arc::new(RuntimeConfig::default()),
+            PROTOCOL_VERSION,
+        )
+        .as_ref()
+        .clone();
         Self {
             genesis_time: 0,
             gas_price: 100_000_000,
@@ -74,7 +79,7 @@ impl Default for GenesisConfig {
 impl GenesisConfig {
     pub fn init_root_signer(&mut self, account_id: &str) -> InMemorySigner {
         let signer = InMemorySigner::from_seed(account_id, KeyType::ED25519, "test");
-        let root_account = account_new(std::u128::MAX, CryptoHash::default());
+        let root_account = account_new(10u128.pow(33), CryptoHash::default());
 
         self.state_records.push(StateRecord::Account {
             account_id: account_id.to_string(),
@@ -146,12 +151,12 @@ impl Block {
 }
 
 pub struct RuntimeStandalone {
-    genesis: GenesisConfig,
+    pub genesis: GenesisConfig,
     tx_pool: TransactionPool,
     transactions: HashMap<CryptoHash, SignedTransaction>,
     outcomes: HashMap<CryptoHash, ExecutionOutcome>,
     profile: HashMap<CryptoHash, ProfileData>,
-    cur_block: Block,
+    pub cur_block: Block,
     runtime: Runtime,
     tries: ShardTries,
     pending_receipts: Vec<Receipt>,
@@ -268,7 +273,7 @@ impl RuntimeStandalone {
             random_seed: Default::default(),
             epoch_id: EpochId::default(),
             current_protocol_version: PROTOCOL_VERSION,
-            config: Arc::from(self.genesis.runtime_config.clone()),
+            config: Arc::new(self.genesis.runtime_config.clone()),
             #[cfg(feature = "no_contract_cache")]
             cache: None,
             #[cfg(not(feature = "no_contract_cache"))]