diff --git a/cmd/newallocation.go b/cmd/newallocation.go
index 460fdadd..3e1faa00 100755
--- a/cmd/newallocation.go
+++ b/cmd/newallocation.go
@@ -237,6 +237,22 @@ var newallocationCmd = &cobra.Command{
 			fileOptionParams.ForbidRename.Value = forbidRename
 		}
 
+		var storageVersion int64
+		if flags.Changed("storage_version") {
+			storageVersion, err = flags.GetInt64("storage_version")
+			if err != nil {
+				log.Fatal("invalid forbid_upload: ", err)
+			}
+		}
+
+		var managingWallet string
+		if flags.Changed("managing_wallet") {
+			managingWallet, err = flags.GetString("managing_wallet")
+			if err != nil {
+				log.Fatal("invalid managing wallet: ", err)
+			}
+		}
+
 		var allocationID string
 		if len(owner) == 0 {
 			options := sdk.CreateAllocationOptions{
@@ -258,6 +274,8 @@ var newallocationCmd = &cobra.Command{
 				ThirdPartyExtendable: thirdPartyExtendable,
 				Force:                force,
 				IsEnterprise:         isEnterprise,
+				StorageVersion:       storageVersion,
+				ManagingWallet:       managingWallet,
 			}
 			allocationID, _, _, err = sdk.CreateAllocationWith(options)
 			if err != nil {
@@ -355,6 +373,10 @@ func init() {
 	newallocationCmd.Flags().Bool("forbid_move", false, "(default false) specify if the users cannot move objects from this allocation")
 	newallocationCmd.Flags().Bool("forbid_copy", false, "(default false) specify if the users cannot copy object from this allocation")
 	newallocationCmd.Flags().Bool("forbid_rename", false, "(default false) specify if the users cannot rename objects in this allocation")
+
+	newallocationCmd.Flags().String("storage_version", "", "storage version of the blobber")
+	newallocationCmd.Flags().String("managing_wallet", "", "managing wallet of the blobber")
+
 }
 
 func storeAllocation(allocationID string) {
diff --git a/cmd/storage.go b/cmd/storage.go
index 7da2cf4a..c7db7d8f 100644
--- a/cmd/storage.go
+++ b/cmd/storage.go
@@ -234,6 +234,15 @@ var blobberUpdateCmd = &cobra.Command{
 			stakePoolSettingChanged = true
 		}
 
+		if flags.Changed("delegate_Wallet") {
+			var dw string
+			if dw, err = flags.GetString("delegate_wallet"); err != nil {
+				log.Fatal(err)
+			}
+			stakePoolSettings.DelegateWallet = &dw
+			stakePoolSettingChanged = true
+		}
+
 		if flags.Changed("service_charge") {
 			var sc float64
 			if sc, err = flags.GetFloat64("service_charge"); err != nil {
@@ -274,6 +283,22 @@ var blobberUpdateCmd = &cobra.Command{
 			updateBlobber.IsRestricted = &ia
 		}
 
+		var storageVersion int64
+		if flags.Changed("storage_version"){
+			if storageVersion, err = flags.GetInt64("storage_version"); err != nil{
+				log.Fatal(err)
+			}
+			updateBlobber.StorageVersion = &storageVersion
+		}
+
+		var managingWallet string
+		if flags.Changed("managing_wallet"){
+			if managingWallet, err = flags.GetString("managing_wallet"); err != nil{
+				log.Fatal(err)
+			}
+			updateBlobber.ManagingWallet = &managingWallet
+		}
+
 		if termsChanged {
 			updateBlobber.Terms = terms
 		}
@@ -389,6 +414,10 @@ func init() {
 	buf.Bool("not_available", true, "(default false) set blobber's availability for new allocations")
 	buf.Bool("is_restricted", true, "(default false) set is_restricted")
 	buf.String("url", "", "update the url of the blobber, optional")
+	buf.Int64("storage_version", 2, "storage version of the blobber, optional")
+	buf.String("delegate_wallet", "", "delegate wallet of the blobber, optional")
+	buf.String("managing_wallet", "", "managing wallet of the blobber, optional")
+
 	blobberUpdateCmd.MarkFlagRequired("blobber_id")
 
 	resetBlobberStatsCmd.Flags().String("blobber_id", "", "blobber_id is required")