diff --git a/Cargo.lock b/Cargo.lock
index 8021c6d03..38558eb11 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5955,7 +5955,7 @@ dependencies = [
 
 [[package]]
 name = "zcash_keys"
-version = "0.2.0"
+version = "0.3.0"
 dependencies = [
  "bech32",
  "bip32",
diff --git a/Cargo.toml b/Cargo.toml
index 6a3204894..be044848b 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -35,7 +35,7 @@ equihash = { version = "0.2", path = "components/equihash" }
 zcash_address = { version = "0.4", path = "components/zcash_address" }
 zcash_client_backend = { version = "0.12", path = "zcash_client_backend" }
 zcash_encoding = { version = "0.2.1", path = "components/zcash_encoding" }
-zcash_keys = { version = "0.2", path = "zcash_keys" }
+zcash_keys = { version = "0.3", path = "zcash_keys" }
 zcash_protocol = { version = "0.2", path = "components/zcash_protocol" }
 zip321 = { version = "0.0", path = "components/zip321" }
 
diff --git a/supply-chain/audits.toml b/supply-chain/audits.toml
index e4d9d6af6..b425783f5 100644
--- a/supply-chain/audits.toml
+++ b/supply-chain/audits.toml
@@ -577,6 +577,11 @@ criteria = "safe-to-deploy"
 delta = "0.2.0 -> 0.2.1"
 notes = "This release adds minor convenience methods and involves no unsafe code."
 
+[[audits.zcash_keys]]
+who = "Kris Nuttycombe <kris@nutty.land>"
+criteria = "safe-to-deploy"
+delta = "0.2.0 -> 0.3.0"
+
 [[audits.zcash_primitives]]
 who = "Kris Nuttycombe <kris@nutty.land>"
 criteria = "safe-to-deploy"
diff --git a/supply-chain/imports.lock b/supply-chain/imports.lock
index c6f77dc02..617707610 100644
--- a/supply-chain/imports.lock
+++ b/supply-chain/imports.lock
@@ -265,8 +265,8 @@ user-login = "str4d"
 user-name = "Jack Grigg"
 
 [[publisher.zcash_keys]]
-version = "0.2.0"
-when = "2024-03-25"
+version = "0.3.0"
+when = "2024-08-20"
 user-id = 169181
 user-login = "nuttycom"
 user-name = "Kris Nuttycombe"
diff --git a/zcash_keys/CHANGELOG.md b/zcash_keys/CHANGELOG.md
index 6fcc42d3a..060a70dca 100644
--- a/zcash_keys/CHANGELOG.md
+++ b/zcash_keys/CHANGELOG.md
@@ -5,13 +5,16 @@ and this library adheres to Rust's notion of
 [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
 
 ## [Unreleased]
+
+## [0.3.0] - 2024-08-19
 ### Notable changes
 - `zcash_keys`:
   - Now supports TEX (transparent-source-only) addresses as specified
-  in [ZIP 320](https://zips.z.cash/zip-0320).
-  - Has an `unstable-frost` feature for FROST implementors to use when
-  API changes are needed specifically for the FROST threshold signatures 
-  use case. 
+    in [ZIP 320](https://zips.z.cash/zip-0320).
+  - An `unstable-frost` feature has been added in order to be able to
+    temporarily expose API features that are needed specifically when creating
+    FROST threshold signatures. The features under this flag will be removed
+    once key derivation for FROST has been fully specified and implemented.
 
 ### Added
 - `zcash_keys::address::Address::try_from_zcash_address`
@@ -21,9 +24,14 @@ and this library adheres to Rust's notion of
   - `to_address_request`
 
 ### Changed
+- MSRV is now 1.70.0.
+- Updated dependencies:
+  - `zcash_address-0.4`
+  - `zcash_encoding-0.2.1`
+  - `zcash_primitives-0.16`
+  - `zcash_protocol-0.2`
 - `zcash_keys::Address` has a new variant `Tex`.
 - `zcash_keys::address::Address::has_receiver` has been renamed to `can_receive_as`.
-- MSRV is now 1.70.0.
 - `zcash_keys::keys`:
   - The (unstable) encoding of `UnifiedSpendingKey` has changed.
   - `DerivationError::Transparent` now contains `bip32::Error`.
diff --git a/zcash_keys/Cargo.toml b/zcash_keys/Cargo.toml
index 22a0643fd..0ae0d8215 100644
--- a/zcash_keys/Cargo.toml
+++ b/zcash_keys/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "zcash_keys"
 description = "Zcash key and address management"
-version = "0.2.0"
+version = "0.3.0"
 authors = [
     "Jack Grigg <jack@z.cash>",
     "Kris Nuttycombe <kris@electriccoin.co>"