diff --git a/cmd/iriscli/shares.go b/cmd/iriscli/shares.go
deleted file mode 100644
index a8e51fa81..000000000
--- a/cmd/iriscli/shares.go
+++ /dev/null
@@ -1,132 +0,0 @@
-package main
-
-import (
-	"github.com/gorilla/mux"
-	"net/http"
-	"github.com/cosmos/cosmos-sdk/x/stake"
-	"github.com/cosmos/cosmos-sdk/client/context"
-	cmn "github.com/tendermint/tmlibs/common"
-	sdk "github.com/cosmos/cosmos-sdk/types"
-	"github.com/cosmos/cosmos-sdk/wire"
-	"encoding/json"
-)
-
-type ExRateResponse struct {
-	ExRate float64 `json:"token_shares_rate"`
-}
-
-
-func RegisterStakeExRate(ctx context.CoreContext, r *mux.Router, cdc *wire.Codec) {
-	r.HandleFunc("/stake/validator/{valAddr}/exRate", GetValidatorExRate(ctx, cdc)).Methods("GET")
-}
-
-func GetValidatorExRate(ctx context.CoreContext, cdc *wire.Codec) http.HandlerFunc {
-	return func(w http.ResponseWriter, r *http.Request) {
-		vars := mux.Vars(r)
-		valAddr := vars["valAddr"]
-		validatorAddr, err := sdk.GetAccAddressBech32(valAddr)
-
-		// get validator
-		validator, err := getValidator(validatorAddr, ctx, cdc)
-		if err != nil {
-			w.WriteHeader(http.StatusInternalServerError)
-			w.Write([]byte(err.Error()))
-			return
-		}
-		if validator.Owner == nil {
-			w.WriteHeader(http.StatusBadRequest)
-			w.Write([]byte("validator not exist"))
-			return
-		}
-
-		//poolShares, _ := validator.PoolShares.Amount.Float64()
-		//delegatorShares, _ := validator.DelegatorShares.Float64()
-		//fmt.Printf("validator address is %v, poolShares is %v, delegator shares is %v\n",
-		//	validator.Owner.String(), poolShares, delegatorShares)
-
-		// get pool
-		pool, err := getPool(ctx, cdc)
-		if err != nil {
-			w.WriteHeader(http.StatusInternalServerError)
-			w.Write([]byte(err.Error()))
-			return
-		}
-
-		// validator exRate
-		valExRate := validator.DelegatorShareExRate(pool)
-
-		// pool exRate
-		poolExRate := bondedShareExRate(pool)
-
-
-		exRate := poolExRate.Mul(valExRate)
-
-
-
-		//floatValRate, _ := valExRate.Float64()
-		//floatPoolExRate, _ := poolExRate.Float64()
-		//fmt.Printf("valRate is %v, poolRate is %v\n", floatValRate, floatPoolExRate)
-
-
-		floatExRate, _ := exRate.Float64()
-		res := ExRateResponse{
-			ExRate: floatExRate,
-		}
-
-		//fmt.Printf("exRate is %v\n", floatExRate)
-
-		resRaw, err := json.Marshal(res)
-
-		if err != nil {
-			w.WriteHeader(http.StatusInternalServerError)
-			w.Write([]byte(err.Error()))
-			return
-		}
-
-		w.Write(resRaw)
-	}
-}
-
-func getPool(ctx context.CoreContext, cdc *wire.Codec) (stake.Pool, error) {
-	var (
-		res []byte
-		pool stake.Pool
-	)
-	res, err := query(ctx, stake.PoolKey)
-	if err != nil {
-		return pool, err
-	}
-
-	cdc.MustUnmarshalBinary(res, &pool)
-
-	return pool, err
-}
-
-func getValidator(address sdk.Address, ctx context.CoreContext, cdc *wire.Codec) (stake.Validator, error)  {
-	var (
-		res []byte
-		validator stake.Validator
-	)
-	res, err := query(ctx, stake.GetValidatorKey(address))
-	if err != nil {
-		return validator, err
-	}
-
-	cdc.MustUnmarshalBinary(res, &validator)
-
-	return validator, err
-}
-
-// get the exchange rate of bonded token per issued share
-func bondedShareExRate(p stake.Pool) sdk.Rat {
-	if p.BondedShares.IsZero() {
-		return sdk.OneRat()
-	}
-	return sdk.NewRat(p.BondedTokens).Quo(p.BondedShares)
-}
-
-func query(ctx context.CoreContext, key cmn.HexBytes) ([]byte, error) {
-	res, err := ctx.Query(key, "stake")
-	return res, err
-}
-