diff --git a/CHANGELOG.md b/CHANGELOG.md
index 9fe638c..873458e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,24 @@
+# v0.3.0 (2023-05-31)
+
+* Improved handling of some message types.
+* Added automatic retrying for sending videos to give Instagram servers more
+  time to transcode the video.
+* Added support for @-mentioning users from Matrix.
+* Added support for bridging incoming avatar stickers.
+* Added automatic fetching of shared reel videos to bridge full video instead
+  of only the thumbnail image.
+* Added real-time bridging of group avatar changes from Instagram.
+* Added option to disable sending typing notifications to Instagram.
+* Added notice message when receiving video calls.
+* Added options to automatically ratchet/delete megolm sessions to minimize
+  access to old messages.
+* Added option to not set room name/avatar even in encrypted rooms.
+* Redid backfill system to support MSC2716.
+  * Note that using Synapse's MSC2716 implementation is not recommended, and
+    the bridge can still backfill messages without MSC2716.
+* Implemented appservice pinging using MSC2659.
+* Possibly improved MQTT connection handling.
+
 # v0.2.3 (2022-12-14)
 
 * Added support for "mentioned in comment" messages.
diff --git a/mautrix_instagram/__init__.py b/mautrix_instagram/__init__.py
index 7cb3933..2078eb8 100644
--- a/mautrix_instagram/__init__.py
+++ b/mautrix_instagram/__init__.py
@@ -1,2 +1,2 @@
-__version__ = "0.2.3"
+__version__ = "0.3.0"
 __author__ = "Tulir Asokan <tulir@maunium.net>"
diff --git a/optional-requirements.txt b/optional-requirements.txt
index 6ec8707..b65d452 100644
--- a/optional-requirements.txt
+++ b/optional-requirements.txt
@@ -6,7 +6,7 @@ python-olm>=3,<4
 unpaddedbase64>=1,<3
 
 #/metrics
-prometheus_client>=0.6,<0.17
+prometheus_client>=0.6,<0.18
 
 #/proxy
 pysocks
diff --git a/requirements.txt b/requirements.txt
index 7354521..0f21a65 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -4,7 +4,7 @@ commonmark>=0.8,<0.10
 aiohttp>=3,<4
 yarl>=1,<2
 attrs>=20.1
-mautrix>=0.19.15,<0.20
+mautrix>=0.19.16,<0.20
 asyncpg>=0.20,<0.28
 pycryptodome>=3,<4
 paho-mqtt>=1.5,<2