diff --git a/relayer/src/chain/cosmos.rs b/relayer/src/chain/cosmos.rs
index f52a5a4349..8b1c1ce313 100644
--- a/relayer/src/chain/cosmos.rs
+++ b/relayer/src/chain/cosmos.rs
@@ -85,11 +85,18 @@ const DEFAULT_MAX_MSG_NUM: usize = 30;
 const DEFAULT_MAX_TX_SIZE: usize = 2 * 1048576; // 2 MBytes
 const DEFAULT_GAS_FEE_AMOUNT: u64 = 1000;
 
-const MAX_RETRIES: usize = 30;
-
 // default gas adjustment percentage
 const DEFAULT_GAS_ADJUSTMENT: u64 = 10;
 
+mod retry_strategy {
+    use crate::util::retry::Fixed;
+    use std::time::Duration;
+
+    pub fn wait_for_block_commits() -> impl Iterator<Item = Duration> {
+        Fixed::from_millis(300).take(10)
+    }
+}
+
 pub struct CosmosSdkChain {
     config: ChainConfig,
     rpc_client: HttpClient,
@@ -426,60 +433,59 @@ impl CosmosSdkChain {
     /// with the transaction hashes to get the list of IbcEvents included in those transactions.
     pub fn wait_for_block_commits(
         &self,
-        tx_sync_results: &mut Vec<TxSyncResult>,
-    ) -> Result<(), Error> {
-        // events_per_tx[i] collects the events generated by the transaction from tx_sync_results[i]
-        let mut counter = 0;
-
-        // TODO - exp backoff is not good here, if anything we want to speed up the retries towards the end range
-        while counter < MAX_RETRIES {
-            thread::sleep(Duration::from_millis(200));
+        mut tx_sync_results: Vec<TxSyncResult>,
+    ) -> Result<Vec<TxSyncResult>, Error> {
+        use crate::util::retry::{retry_with_index, RetryResult};
 
-            counter += 1;
+        // Wait a little bit initially
+        thread::sleep(Duration::from_millis(200));
 
+        let result = retry_with_index(retry_strategy::wait_for_block_commits(), |index| {
             if all_tx_results_found(&tx_sync_results) {
                 trace!(
                     "retrieved {} tx results after {} tries",
                     tx_sync_results.len(),
-                    counter
+                    index
                 );
 
                 // All transactions confirmed
-                return Ok(());
+                return RetryResult::Ok(());
             }
 
             for TxSyncResult { response, events } in tx_sync_results.iter_mut() {
+                // If this transaction was not committed yet, let's figure out
+                // whether it was because it failed or because it hasn't been committed yet.
                 if empty_event_present(&events) {
-                    // try to resolve transaction hash
-                    let events_per_tx = if response.code.value() != 0 {
-                        vec![IbcEvent::ChainError(format!(
+                    // If the transaction failed, replace the events with an error,
+                    // so that we don't attempt to resolve the transaction later on.
+                    if response.code.value() != 0 {
+                        *events = vec![IbcEvent::ChainError(format!(
                             "code {:?}, log {}",
                             response.code, response.log
-                        ))]
+                        ))];
+
+                    // Otherwise, try to resolve transaction hash to the corresponding events.
                     } else if let Ok(events_per_tx) =
                         self.query_txs(QueryTxRequest::Transaction(QueryTxHash(response.hash)))
                     {
-                        if events_per_tx.is_empty() {
-                            events.clone()
-                        } else {
-                            events_per_tx
+                        // If we get events back, progress was made, so we replace the events
+                        // with the new ones. in both cases we will check in the next iteration
+                        // whether or not the transaction was fully committed.
+                        if !events_per_tx.is_empty() {
+                            *events = events_per_tx;
                         }
-                    } else {
-                        events.clone()
-                    };
-
-                    *events = events_per_tx;
+                    }
                 }
             }
 
-            thread::sleep(Duration::from_millis(300));
-        }
+            RetryResult::Retry(index)
+        });
 
-        if all_tx_results_found(&tx_sync_results) {
+        match result {
             // All transactions confirmed
-            Ok(())
-        } else {
-            Err(Kind::TxNoConfirmation.into())
+            Ok(()) => Ok(tx_sync_results),
+            // Did not find confirmation
+            Err(_) => Err(Kind::TxNoConfirmation.into()),
         }
     }
 }
@@ -608,12 +614,14 @@ impl Chain for CosmosSdkChain {
             });
         }
 
-        self.wait_for_block_commits(&mut tx_sync_results)?;
+        let tx_sync_results = self.wait_for_block_commits(tx_sync_results)?;
+
         let events = tx_sync_results
             .into_iter()
             .map(|el| el.events)
             .flatten()
             .collect();
+
         Ok(events)
     }