diff --git a/CHANGELOG.md b/CHANGELOG.md
index a3f3204bbaa8..e3b52375a092 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -40,6 +40,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ### Improvements
 
+* (x/params) [#12615](https://github.com/cosmos/cosmos-sdk/pull/12615) Add `GetParamSetIfExists` function to params `Subspace` to prevent panics on breaking changes.
 * (x/bank) [#12674](https://github.com/cosmos/cosmos-sdk/pull/12674) Add convenience function `CreatePrefixedAccountStoreKey()` to construct key to access account's balance for a given denom.
 
 ## [v0.46.0](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.46.0) - 2022-07-26
diff --git a/x/params/types/common_test.go b/x/params/types/common_test.go
index d4902373de7a..25feda005f7c 100644
--- a/x/params/types/common_test.go
+++ b/x/params/types/common_test.go
@@ -102,6 +102,15 @@ func (p *paramsV2) ParamSetPairs() types.ParamSetPairs {
 	}
 }
 
+func (p *paramsV2) ParamSetPairs() types.ParamSetPairs {
+	return types.ParamSetPairs{
+		{keyUnbondingTime, &p.UnbondingTime, validateUnbondingTime},
+		{keyMaxValidators, &p.MaxValidators, validateMaxValidators},
+		{keyBondDenom, &p.BondDenom, validateBondDenom},
+		{keyMaxRedelegationEntries, &p.MaxRedelegationEntries, validateMaxRedelegationEntries},
+	}
+}
+
 func paramKeyTable() types.KeyTable {
 	return types.NewKeyTable().RegisterParamSet(&params{})
 }