diff --git a/CHANGELOG.md b/CHANGELOG.md
index 49c0276f..3494476d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,9 +2,46 @@
 ## [Unreleased]
 
 
+<a name="v3.0.0-rc1"></a>
+## [v3.0.0-rc1] - 2022-08-20
+### Chore
+- prepare codebase for Oak audit
+- grammatical improvements
+- **credential:** goimport -local
+- **credential:** replace ioutils with os
+- **credential:** sort imports
+
+### Docs
+- add Mint and Inflation ADR
+- update docs about network upgrade
+- **ADR:** add verifiable credential ADR 006 ([#179](https://github.com/elesto-dao/elesto/issues/179))
+
+### Feat
+- add stale github action
+- use ghcr.io container image for kubernetes devnet
+- add github action release for containers
+- add k3d local devnet scripts
+- add dockerfile
+- **docs:** create mint module readme
+- **mint:** chain reset-resistant mint schedule ([#180](https://github.com/elesto-dao/elesto/issues/180))
+
+### Fix
+- expose tendermint rpc endpoint on 0.0.0.0 for liveness probe
+- link aries command generates invalid service ids ([#195](https://github.com/elesto-dao/elesto/issues/195))
+- linter error
+- **simulations:** allow simulations to pass even if Interchain Accounts ([#202](https://github.com/elesto-dao/elesto/issues/202))
+
+### Test
+- **credential:** add test for update-revocation-list
+- **credential:** add test for create-revocation-list
+- **credential:** add test for issue-public-credential
+- **credential:** add test for publish-credential-definition
+
+
 <a name="v2.0.0-rc2"></a>
-## [v2.0.0-rc2] - 2022-06-21
+## [v2.0.0-rc2] - 2022-07-04
 ### Chore
+- update changelog for v2.0.0-rc2
 - update changelog for v2.0.0-rc1
 - **makefile:** build only the node binary for the build target
 
@@ -132,7 +169,8 @@
 - increase test coverage
 
 
-[Unreleased]: https://github.com/elesto-dao/elesto/compare/v2.0.0-rc2...HEAD
+[Unreleased]: https://github.com/elesto-dao/elesto/compare/v3.0.0-rc1...HEAD
+[v3.0.0-rc1]: https://github.com/elesto-dao/elesto/compare/v2.0.0-rc2...v3.0.0-rc1
 [v2.0.0-rc2]: https://github.com/elesto-dao/elesto/compare/v2.0.0-rc1...v2.0.0-rc2
 [v2.0.0-rc1]: https://github.com/elesto-dao/elesto/compare/v1.0.0-rc2...v2.0.0-rc1
 [v1.0.0-rc2]: https://github.com/elesto-dao/elesto/compare/v1.0.0-rc1...v1.0.0-rc2
diff --git a/Makefile b/Makefile
index 9ae24162..3baccb37 100644
--- a/Makefile
+++ b/Makefile
@@ -273,7 +273,7 @@ ifndef APP_VERSION
 	$(error APP_VERSION is not set, please specifiy the version you want to tag)
 endif
 	git tag $(APP_VERSION)
-	git-chglog --output CHANGELOG.md
+	git-chglog --output CHANGELOG.md --sort semver
 	git tag $(APP_VERSION) --delete
 	git add CHANGELOG.md && git commit -m "chore: update changelog for $(APP_VERSION)"
 	@echo release complete
diff --git a/x/mint/abci.go b/x/mint/abci.go
index 2d5cbab7..f268e88b 100644
--- a/x/mint/abci.go
+++ b/x/mint/abci.go
@@ -12,11 +12,9 @@ import (
 )
 
 /**
-initialize the network with a new account
-that has 200_000_000 tokens as strategic reserve
-TODO: testnet upgrade
+This is the block inflation amount per year.
+The motivation for the value can be found in the ADR-008
 */
-
 var (
 	BlockInflationAmount = map[int]int64{
 		0: 31709792,