diff --git a/.changelog/unreleased/bug-fixes/3375-masp-total-rewards.md b/.changelog/v0.40.0/bug-fixes/3375-masp-total-rewards.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3375-masp-total-rewards.md
rename to .changelog/v0.40.0/bug-fixes/3375-masp-total-rewards.md
diff --git a/.changelog/unreleased/bug-fixes/3378-increase-disposable-key-lifetime.md b/.changelog/v0.40.0/bug-fixes/3378-increase-disposable-key-lifetime.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3378-increase-disposable-key-lifetime.md
rename to .changelog/v0.40.0/bug-fixes/3378-increase-disposable-key-lifetime.md
diff --git a/.changelog/unreleased/bug-fixes/3389-consistent-datetime-serialization.md b/.changelog/v0.40.0/bug-fixes/3389-consistent-datetime-serialization.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3389-consistent-datetime-serialization.md
rename to .changelog/v0.40.0/bug-fixes/3389-consistent-datetime-serialization.md
diff --git a/.changelog/unreleased/bug-fixes/3404-fix-ibc-message.md b/.changelog/v0.40.0/bug-fixes/3404-fix-ibc-message.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3404-fix-ibc-message.md
rename to .changelog/v0.40.0/bug-fixes/3404-fix-ibc-message.md
diff --git a/.changelog/unreleased/bug-fixes/3409-masp-ibc-replay-protection-using-txdata-on-0.39.0.md b/.changelog/v0.40.0/bug-fixes/3409-masp-ibc-replay-protection-using-txdata-on-0.39.0.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3409-masp-ibc-replay-protection-using-txdata-on-0.39.0.md
rename to .changelog/v0.40.0/bug-fixes/3409-masp-ibc-replay-protection-using-txdata-on-0.39.0.md
diff --git a/.changelog/unreleased/bug-fixes/3432-respect-wasm-dir.md b/.changelog/v0.40.0/bug-fixes/3432-respect-wasm-dir.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3432-respect-wasm-dir.md
rename to .changelog/v0.40.0/bug-fixes/3432-respect-wasm-dir.md
diff --git a/.changelog/unreleased/bug-fixes/3438-fix-ibc-shielding-transfer.md b/.changelog/v0.40.0/bug-fixes/3438-fix-ibc-shielding-transfer.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3438-fix-ibc-shielding-transfer.md
rename to .changelog/v0.40.0/bug-fixes/3438-fix-ibc-shielding-transfer.md
diff --git a/.changelog/unreleased/bug-fixes/3463-non-malleable-masp-witness-data2.md b/.changelog/v0.40.0/bug-fixes/3463-non-malleable-masp-witness-data2.md
similarity index 100%
rename from .changelog/unreleased/bug-fixes/3463-non-malleable-masp-witness-data2.md
rename to .changelog/v0.40.0/bug-fixes/3463-non-malleable-masp-witness-data2.md
diff --git a/.changelog/unreleased/features/3356-vectorize-transfers.md b/.changelog/v0.40.0/features/3356-vectorize-transfers.md
similarity index 100%
rename from .changelog/unreleased/features/3356-vectorize-transfers.md
rename to .changelog/v0.40.0/features/3356-vectorize-transfers.md
diff --git a/.changelog/unreleased/features/3393-masp-fee-payment.md b/.changelog/v0.40.0/features/3393-masp-fee-payment.md
similarity index 100%
rename from .changelog/unreleased/features/3393-masp-fee-payment.md
rename to .changelog/v0.40.0/features/3393-masp-fee-payment.md
diff --git a/.changelog/unreleased/improvements/2721-early-sapling-balance-check.md b/.changelog/v0.40.0/improvements/2721-early-sapling-balance-check.md
similarity index 100%
rename from .changelog/unreleased/improvements/2721-early-sapling-balance-check.md
rename to .changelog/v0.40.0/improvements/2721-early-sapling-balance-check.md
diff --git a/.changelog/unreleased/improvements/2891-sdk-query-height.md b/.changelog/v0.40.0/improvements/2891-sdk-query-height.md
similarity index 100%
rename from .changelog/unreleased/improvements/2891-sdk-query-height.md
rename to .changelog/v0.40.0/improvements/2891-sdk-query-height.md
diff --git a/.changelog/unreleased/improvements/3192-opt-recomm.md b/.changelog/v0.40.0/improvements/3192-opt-recomm.md
similarity index 100%
rename from .changelog/unreleased/improvements/3192-opt-recomm.md
rename to .changelog/v0.40.0/improvements/3192-opt-recomm.md
diff --git a/.changelog/unreleased/improvements/3343-shell-complete.md b/.changelog/v0.40.0/improvements/3343-shell-complete.md
similarity index 100%
rename from .changelog/unreleased/improvements/3343-shell-complete.md
rename to .changelog/v0.40.0/improvements/3343-shell-complete.md
diff --git a/.changelog/unreleased/improvements/3366-remove-max-block-time-param.md b/.changelog/v0.40.0/improvements/3366-remove-max-block-time-param.md
similarity index 100%
rename from .changelog/unreleased/improvements/3366-remove-max-block-time-param.md
rename to .changelog/v0.40.0/improvements/3366-remove-max-block-time-param.md
diff --git a/.changelog/unreleased/improvements/3374-checked-assign-ops.md b/.changelog/v0.40.0/improvements/3374-checked-assign-ops.md
similarity index 100%
rename from .changelog/unreleased/improvements/3374-checked-assign-ops.md
rename to .changelog/v0.40.0/improvements/3374-checked-assign-ops.md
diff --git a/.changelog/unreleased/improvements/3375-masp-total-rewards.md b/.changelog/v0.40.0/improvements/3375-masp-total-rewards.md
similarity index 100%
rename from .changelog/unreleased/improvements/3375-masp-total-rewards.md
rename to .changelog/v0.40.0/improvements/3375-masp-total-rewards.md
diff --git a/.changelog/unreleased/improvements/3380-remove-max-sigs.md b/.changelog/v0.40.0/improvements/3380-remove-max-sigs.md
similarity index 100%
rename from .changelog/unreleased/improvements/3380-remove-max-sigs.md
rename to .changelog/v0.40.0/improvements/3380-remove-max-sigs.md
diff --git a/.changelog/unreleased/improvements/3383-add-db-snapshots.md b/.changelog/v0.40.0/improvements/3383-add-db-snapshots.md
similarity index 100%
rename from .changelog/unreleased/improvements/3383-add-db-snapshots.md
rename to .changelog/v0.40.0/improvements/3383-add-db-snapshots.md
diff --git a/.changelog/unreleased/improvements/3386-listsnapshots-loadsnapshotchunk.md b/.changelog/v0.40.0/improvements/3386-listsnapshots-loadsnapshotchunk.md
similarity index 100%
rename from .changelog/unreleased/improvements/3386-listsnapshots-loadsnapshotchunk.md
rename to .changelog/v0.40.0/improvements/3386-listsnapshots-loadsnapshotchunk.md
diff --git a/.changelog/unreleased/improvements/3390-remove-multipler-check-governance.md b/.changelog/v0.40.0/improvements/3390-remove-multipler-check-governance.md
similarity index 100%
rename from .changelog/unreleased/improvements/3390-remove-multipler-check-governance.md
rename to .changelog/v0.40.0/improvements/3390-remove-multipler-check-governance.md
diff --git a/.changelog/unreleased/improvements/3391-parameterize-gas-scale.md b/.changelog/v0.40.0/improvements/3391-parameterize-gas-scale.md
similarity index 100%
rename from .changelog/unreleased/improvements/3391-parameterize-gas-scale.md
rename to .changelog/v0.40.0/improvements/3391-parameterize-gas-scale.md
diff --git a/.changelog/unreleased/improvements/3412-upgrade-ledger-namada-rs-dep.md b/.changelog/v0.40.0/improvements/3412-upgrade-ledger-namada-rs-dep.md
similarity index 100%
rename from .changelog/unreleased/improvements/3412-upgrade-ledger-namada-rs-dep.md
rename to .changelog/v0.40.0/improvements/3412-upgrade-ledger-namada-rs-dep.md
diff --git a/.changelog/unreleased/improvements/3416-uniquely-identify-inner-txs.md b/.changelog/v0.40.0/improvements/3416-uniquely-identify-inner-txs.md
similarity index 100%
rename from .changelog/unreleased/improvements/3416-uniquely-identify-inner-txs.md
rename to .changelog/v0.40.0/improvements/3416-uniquely-identify-inner-txs.md
diff --git a/.changelog/unreleased/improvements/3419-move-verify-shielded.md b/.changelog/v0.40.0/improvements/3419-move-verify-shielded.md
similarity index 100%
rename from .changelog/unreleased/improvements/3419-move-verify-shielded.md
rename to .changelog/v0.40.0/improvements/3419-move-verify-shielded.md
diff --git a/.changelog/unreleased/improvements/3442-limit-pgf-stewards.md b/.changelog/v0.40.0/improvements/3442-limit-pgf-stewards.md
similarity index 100%
rename from .changelog/unreleased/improvements/3442-limit-pgf-stewards.md
rename to .changelog/v0.40.0/improvements/3442-limit-pgf-stewards.md
diff --git a/.changelog/unreleased/improvements/3446-generalize-vectorized-transfers.md b/.changelog/v0.40.0/improvements/3446-generalize-vectorized-transfers.md
similarity index 100%
rename from .changelog/unreleased/improvements/3446-generalize-vectorized-transfers.md
rename to .changelog/v0.40.0/improvements/3446-generalize-vectorized-transfers.md
diff --git a/.changelog/unreleased/improvements/3448-streamline-validation.md b/.changelog/v0.40.0/improvements/3448-streamline-validation.md
similarity index 100%
rename from .changelog/unreleased/improvements/3448-streamline-validation.md
rename to .changelog/v0.40.0/improvements/3448-streamline-validation.md
diff --git a/.changelog/v0.40.0/summary.md b/.changelog/v0.40.0/summary.md
new file mode 100644
index 0000000000..38efaa74cf
--- /dev/null
+++ b/.changelog/v0.40.0/summary.md
@@ -0,0 +1 @@
+Namada 0.40.0 is a minor release that makes many important improvements to shielded actions, DB snapshotting capabilities, batched transactions, and much more.
diff --git a/.changelog/unreleased/testing/3401-test-batch-tx-events.md b/.changelog/v0.40.0/testing/3401-test-batch-tx-events.md
similarity index 100%
rename from .changelog/unreleased/testing/3401-test-batch-tx-events.md
rename to .changelog/v0.40.0/testing/3401-test-batch-tx-events.md
diff --git a/.changelog/unreleased/testing/3455-ibc-e2e-config.md b/.changelog/v0.40.0/testing/3455-ibc-e2e-config.md
similarity index 100%
rename from .changelog/unreleased/testing/3455-ibc-e2e-config.md
rename to .changelog/v0.40.0/testing/3455-ibc-e2e-config.md
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4e079a09ad..a2ccd70091 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,108 @@
 # CHANGELOG
 
+## v0.40.0
+
+Namada 0.40.0 is a minor release that makes many important improvements to shielded actions, DB snapshotting capabilities, batched transactions, and much more.
+
+### BUG FIXES
+
+- Update native token total supply with MASP rewards.
+  ([\#3375](https://github.com/anoma/namada/pull/3375))
+- Increase the lifetime of disposable signing keys from 5 minutes to 1 week.
+  ([\#3378](https://github.com/anoma/namada/pull/3378))
+- Our `DateTimeUtc` type allowed a relaxed representation of RFC3339 strings.
+  We now enforce a string subset of this format, to guarantee deterministic
+  serialization. ([\#3389](https://github.com/anoma/namada/pull/3389))
+- Fix to decode ibc-rs transfer messages
+  ([\#3404](https://github.com/anoma/namada/issues/3404))
+- Add replay protection to MASP-IBC transactions.
+  ([\#3409](https://github.com/anoma/namada/pull/3409))
+- Respect --wasm-dir on init-network.
+  ([\#3432](https://github.com/anoma/namada/pull/3432))
+- Fix IBC shielding transfer for the receiver not to be replaced by a malicious
+  relayer ([\#3438](https://github.com/anoma/namada/issues/3438))
+- Fixed MASP witness data malleability in the Tx
+  ([\#3463](https://github.com/anoma/namada/pull/3463))
+
+### FEATURES
+
+- Reworked transparent and masp transfers to allow for multiple sources, targets,
+  tokens and amounts. ([\#3356](https://github.com/anoma/namada/pull/3356))
+- Added support for fee payment directly from the MASP pool.
+  ([\#3393](https://github.com/anoma/namada/pull/3393))
+
+### IMPROVEMENTS
+
+- Moved up the check on the sapling value balance in the masp vp.
+  ([\#2721](https://github.com/anoma/namada/issues/2721))
+- Queries methods now requests `TryInto` trait bound for block heights to reduce
+  the conversion error. ([\#2891](https://github.com/anoma/namada/issues/2891))
+- Miscellaneous code optimizations.
+  ([\#3192](https://github.com/anoma/namada/issues/3192))
+- Added a `namada complete` command to generate shell completions. This command
+  requires `--shell` with one of:
+  -  bash
+  - elvish
+  - fish
+  - powershell
+  - zsh
+  - nushell
+
+  To use in e.g. bash, run `namada complete --shell bash > /usr/share/bash-completion/completions/namada.bash`.
+  ([\#3343](https://github.com/anoma/namada/pull/3343))
+- Remove the `max_expected_time_per_block` genesis parameter.
+  ([\#3366](https://github.com/anoma/namada/pull/3366))
+- Refactored checked assign arithmetic operations to use smooth-operator macro.
+  ([\#3374](https://github.com/anoma/namada/pull/3374))
+- Store total MASP rewards and print them in the conversions query.
+  ([\#3375](https://github.com/anoma/namada/pull/3375))
+- Remove the check on the maximum number of signatures allowed per transaction
+  ([\#3380](https://github.com/anoma/namada/pull/3380))
+* Resolves the first two points of Issue [\#3307](https://github.com/anoma/namada/issues/3307):
+   - Add the ability to create chunkable snapshots to our rocksdb implementation
+   - Spawn a background task to create snapshots are certain blockheights
+
+   Specifically adds a config parameter that indicates after how many blocks a 
+   snapshot should be created. If set, then on the corresponding calls to commit,
+   a background task is spun up that takes a snapshot of rocksDB and writes it
+   in a convenient format to a file. This file contains metadata of how to be 
+   broken up into chunks. Once a new snapshot is created, older snapshots are
+   removed. ([\#3383](https://github.com/anoma/namada/pull/3383))
+ - Addresses the third point and part of the fourth point of Issue
+   [\#3307](https://github.com/anoma/namada/issues/3307)
+   * Adds chunking logic to snapshots
+   * Implements the `ListSnapshots` ABCI call
+   * Implements the `LoadSnapshotChunk` ABCI call
+     
+   ([\#3386](https://github.com/anoma/namada/pull/3386))
+- Remove the requirement that the proposal voting period
+  is some integer multiple of the minimum voting period.
+  ([\#3390](https://github.com/anoma/namada/pull/3390))
+- Include the gas scale as a protocol parameter that is
+  mutable via governance rather than as a hard-coded constant.
+  ([\#3391](https://github.com/anoma/namada/pull/3391))
+- Upgrade the library used to communicate with hardware wallet
+  ([\#3412](https://github.com/anoma/namada/pull/3412))
+- Index batched txs via their wrapper and commitment hashes.
+  ([\#3416](https://github.com/anoma/namada/pull/3416))
+- Moved shielded tx validation out of the SDK crate into shielded token crate.
+  ([\#3419](https://github.com/anoma/namada/pull/3419))
+- Enforce an upper limit on the number of PGF stewards allowed to exist at a
+  given time. ([\#3442](https://github.com/anoma/namada/pull/3442))
+- Combined the various Transfer formats into one general one.
+  ([\#3446](https://github.com/anoma/namada/pull/3446))
+- Introduced a local configuration parameter to allow nodes to
+  rerun the process proposal checks before block finalization.
+  ([\#3448](https://github.com/anoma/namada/pull/3448))
+
+### TESTING
+
+- Adds additional test coverage to batch tx events emission, to make
+  sure we correctly build a batch of inner tx events from a batched tx.
+  ([\#3401](https://github.com/anoma/namada/pull/3401))
+- Change the IBC E2E testing config
+  ([\#3455](https://github.com/anoma/namada/issues/3455))
+
 ## v0.39.0
 
 Namada 0.39.0 is a minor release that primarily abstracts the different kinds of transfer transactions and makes upgrades to the MASP and VPs.
diff --git a/Cargo.lock b/Cargo.lock
index e6233ba27e..1018527284 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4670,7 +4670,7 @@ checksum = "e5ce46fe64a9d73be07dcbe690a38ce1b293be448fd8ce1e6c1b8062c9f72c6a"
 
 [[package]]
 name = "namada"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "async-trait",
@@ -4737,7 +4737,7 @@ dependencies = [
 
 [[package]]
 name = "namada_account"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "linkme",
@@ -4751,7 +4751,7 @@ dependencies = [
 
 [[package]]
 name = "namada_apps"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "bit-set",
@@ -4776,7 +4776,7 @@ dependencies = [
 
 [[package]]
 name = "namada_apps_lib"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "async-trait",
@@ -4836,7 +4836,7 @@ dependencies = [
 
 [[package]]
 name = "namada_benchmarks"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "borsh-ext",
@@ -4859,7 +4859,7 @@ dependencies = [
 
 [[package]]
 name = "namada_controller"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "smooth-operator",
@@ -4868,7 +4868,7 @@ dependencies = [
 
 [[package]]
 name = "namada_core"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "bech32 0.8.1",
@@ -4921,7 +4921,7 @@ dependencies = [
 
 [[package]]
 name = "namada_encoding_spec"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -4932,7 +4932,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ethereum_bridge"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "borsh 1.2.1",
@@ -4963,7 +4963,7 @@ dependencies = [
 
 [[package]]
 name = "namada_events"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "linkme",
@@ -4978,7 +4978,7 @@ dependencies = [
 
 [[package]]
 name = "namada_examples"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "data-encoding",
@@ -4998,7 +4998,7 @@ dependencies = [
 
 [[package]]
 name = "namada_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "borsh 1.2.1",
@@ -5014,7 +5014,7 @@ dependencies = [
 
 [[package]]
 name = "namada_governance"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -5037,7 +5037,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ibc"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "data-encoding",
@@ -5070,7 +5070,7 @@ dependencies = [
 
 [[package]]
 name = "namada_light_sdk"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "borsh-ext",
@@ -5084,7 +5084,7 @@ dependencies = [
 
 [[package]]
 name = "namada_macros"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "data-encoding",
  "pretty_assertions",
@@ -5096,7 +5096,7 @@ dependencies = [
 
 [[package]]
 name = "namada_merkle_tree"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "borsh 1.2.1",
@@ -5115,7 +5115,7 @@ dependencies = [
 
 [[package]]
 name = "namada_migrations"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "lazy_static",
  "linkme",
@@ -5124,7 +5124,7 @@ dependencies = [
 
 [[package]]
 name = "namada_node"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "async-trait",
@@ -5187,7 +5187,7 @@ dependencies = [
 
 [[package]]
 name = "namada_parameters"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_macros",
@@ -5198,7 +5198,7 @@ dependencies = [
 
 [[package]]
 name = "namada_proof_of_stake"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "borsh 1.2.1",
@@ -5232,14 +5232,14 @@ dependencies = [
 
 [[package]]
 name = "namada_replay_protection"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
 ]
 
 [[package]]
 name = "namada_sdk"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "async-trait",
@@ -5311,7 +5311,7 @@ dependencies = [
 
 [[package]]
 name = "namada_shielded_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "lazy_static",
@@ -5334,7 +5334,7 @@ dependencies = [
 
 [[package]]
 name = "namada_state"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_matches",
  "borsh 1.2.1",
@@ -5362,7 +5362,7 @@ dependencies = [
 
 [[package]]
 name = "namada_storage"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -5381,7 +5381,7 @@ dependencies = [
 
 [[package]]
 name = "namada_test_utils"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -5390,7 +5390,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tests"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "assert_cmd",
  "assert_matches",
@@ -5438,7 +5438,7 @@ dependencies = [
 
 [[package]]
 name = "namada_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -5453,7 +5453,7 @@ dependencies = [
 
 [[package]]
 name = "namada_trans_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "konst",
  "linkme",
@@ -5464,7 +5464,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "ark-bls12-381",
  "assert_matches",
@@ -5496,7 +5496,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_events",
@@ -5505,7 +5505,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "masp_primitives",
@@ -5526,7 +5526,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vm_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "masp_primitives",
@@ -5535,7 +5535,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vote_ext"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "data-encoding",
@@ -5549,7 +5549,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "derivative",
  "masp_primitives",
@@ -5563,7 +5563,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_account",
diff --git a/Cargo.toml b/Cargo.toml
index 0e3d84a923..6bb9135495 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -57,7 +57,7 @@ keywords = ["blockchain", "privacy", "crypto", "protocol", "network"]
 license = "GPL-3.0"
 readme = "README.md"
 repository = "https://github.com/anoma/namada"
-version = "0.39.0"
+version = "0.40.0"
 
 [workspace.dependencies]
 ark-bls12-381 = {version = "0.3"}
diff --git a/wasm/Cargo.lock b/wasm/Cargo.lock
index b1f8b1655c..94a4eac8da 100644
--- a/wasm/Cargo.lock
+++ b/wasm/Cargo.lock
@@ -3694,7 +3694,7 @@ checksum = "e5ce46fe64a9d73be07dcbe690a38ce1b293be448fd8ce1e6c1b8062c9f72c6a"
 
 [[package]]
 name = "namada"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "async-trait",
  "borsh 1.4.0",
@@ -3751,7 +3751,7 @@ dependencies = [
 
 [[package]]
 name = "namada_account"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "linkme",
@@ -3765,7 +3765,7 @@ dependencies = [
 
 [[package]]
 name = "namada_controller"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "smooth-operator",
@@ -3774,7 +3774,7 @@ dependencies = [
 
 [[package]]
 name = "namada_core"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "bech32 0.8.1",
  "borsh 1.4.0",
@@ -3822,7 +3822,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ethereum_bridge"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "ethers",
@@ -3849,7 +3849,7 @@ dependencies = [
 
 [[package]]
 name = "namada_events"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "linkme",
@@ -3864,7 +3864,7 @@ dependencies = [
 
 [[package]]
 name = "namada_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "linkme",
@@ -3878,7 +3878,7 @@ dependencies = [
 
 [[package]]
 name = "namada_governance"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "itertools 0.12.1",
@@ -3901,7 +3901,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ibc"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "data-encoding",
@@ -3932,7 +3932,7 @@ dependencies = [
 
 [[package]]
 name = "namada_macros"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "data-encoding",
  "proc-macro2",
@@ -3943,7 +3943,7 @@ dependencies = [
 
 [[package]]
 name = "namada_merkle_tree"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "eyre",
@@ -3957,7 +3957,7 @@ dependencies = [
 
 [[package]]
 name = "namada_migrations"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "lazy_static",
  "linkme",
@@ -3966,7 +3966,7 @@ dependencies = [
 
 [[package]]
 name = "namada_parameters"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_macros",
@@ -3977,7 +3977,7 @@ dependencies = [
 
 [[package]]
 name = "namada_proof_of_stake"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "konst",
@@ -4002,14 +4002,14 @@ dependencies = [
 
 [[package]]
 name = "namada_replay_protection"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
 ]
 
 [[package]]
 name = "namada_sdk"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "async-trait",
  "bimap",
@@ -4077,7 +4077,7 @@ dependencies = [
 
 [[package]]
 name = "namada_shielded_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "lazy_static",
@@ -4098,7 +4098,7 @@ dependencies = [
 
 [[package]]
 name = "namada_state"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "itertools 0.12.1",
@@ -4122,7 +4122,7 @@ dependencies = [
 
 [[package]]
 name = "namada_storage"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "itertools 0.12.1",
@@ -4141,7 +4141,7 @@ dependencies = [
 
 [[package]]
 name = "namada_test_utils"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "namada_core",
@@ -4150,7 +4150,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tests"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "concat-idents",
  "derivative",
@@ -4177,7 +4177,7 @@ dependencies = [
 
 [[package]]
 name = "namada_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "namada_core",
@@ -4192,7 +4192,7 @@ dependencies = [
 
 [[package]]
 name = "namada_trans_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "konst",
  "namada_core",
@@ -4202,7 +4202,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "ark-bls12-381",
  "bitflags 2.5.0",
@@ -4232,7 +4232,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_events",
@@ -4241,7 +4241,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "masp_primitives",
@@ -4262,7 +4262,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vm_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "masp_primitives",
@@ -4271,7 +4271,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vote_ext"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "linkme",
@@ -4284,7 +4284,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "derivative",
  "masp_primitives",
@@ -4298,7 +4298,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.4.0",
  "namada_account",
@@ -6774,7 +6774,7 @@ checksum = "3528ecfd12c466c6f163363caf2d02a71161dd5e1cc6ae7b34207ea2d42d81ed"
 
 [[package]]
 name = "tx_become_validator"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6783,7 +6783,7 @@ dependencies = [
 
 [[package]]
 name = "tx_bond"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -6800,7 +6800,7 @@ dependencies = [
 
 [[package]]
 name = "tx_bridge_pool"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6809,7 +6809,7 @@ dependencies = [
 
 [[package]]
 name = "tx_change_consensus_key"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6818,7 +6818,7 @@ dependencies = [
 
 [[package]]
 name = "tx_change_validator_commission"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -6835,7 +6835,7 @@ dependencies = [
 
 [[package]]
 name = "tx_change_validator_metadata"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6844,7 +6844,7 @@ dependencies = [
 
 [[package]]
 name = "tx_claim_rewards"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6853,7 +6853,7 @@ dependencies = [
 
 [[package]]
 name = "tx_deactivate_validator"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6862,7 +6862,7 @@ dependencies = [
 
 [[package]]
 name = "tx_ibc"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6871,7 +6871,7 @@ dependencies = [
 
 [[package]]
 name = "tx_init_account"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6880,7 +6880,7 @@ dependencies = [
 
 [[package]]
 name = "tx_init_proposal"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6889,7 +6889,7 @@ dependencies = [
 
 [[package]]
 name = "tx_reactivate_validator"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6898,7 +6898,7 @@ dependencies = [
 
 [[package]]
 name = "tx_redelegate"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -6915,7 +6915,7 @@ dependencies = [
 
 [[package]]
 name = "tx_resign_steward"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6924,7 +6924,7 @@ dependencies = [
 
 [[package]]
 name = "tx_reveal_pk"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6933,7 +6933,7 @@ dependencies = [
 
 [[package]]
 name = "tx_transfer"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6942,7 +6942,7 @@ dependencies = [
 
 [[package]]
 name = "tx_unbond"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -6959,7 +6959,7 @@ dependencies = [
 
 [[package]]
 name = "tx_unjail_validator"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6968,7 +6968,7 @@ dependencies = [
 
 [[package]]
 name = "tx_update_account"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6977,7 +6977,7 @@ dependencies = [
 
 [[package]]
 name = "tx_update_steward_commission"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6986,7 +6986,7 @@ dependencies = [
 
 [[package]]
 name = "tx_vote_proposal"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tx_prelude",
@@ -6995,7 +6995,7 @@ dependencies = [
 
 [[package]]
 name = "tx_withdraw"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -7172,7 +7172,7 @@ checksum = "49874b5167b65d7193b8aba1567f5c7d93d001cafc34600cee003eda787e483f"
 
 [[package]]
 name = "vp_implicit"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
@@ -7189,7 +7189,7 @@ dependencies = [
 
 [[package]]
 name = "vp_user"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada",
diff --git a/wasm/Cargo.toml b/wasm/Cargo.toml
index f9b0737140..451322ca41 100644
--- a/wasm/Cargo.toml
+++ b/wasm/Cargo.toml
@@ -32,7 +32,7 @@ members = [
 authors = ["Heliax AG <hello@heliax.dev>"]
 edition = "2021"
 license = "GPL-3.0"
-version = "0.39.0"
+version = "0.40.0"
 
 [workspace.dependencies]
 namada_tx_prelude = { path = "../crates/tx_prelude" }
diff --git a/wasm/checksums.json b/wasm/checksums.json
index 0a5bbf30f6..d9882a84df 100644
--- a/wasm/checksums.json
+++ b/wasm/checksums.json
@@ -1,26 +1,26 @@
 {
-    "tx_become_validator.wasm": "tx_become_validator.5380e24e9c409b66bde881dce009e1e140a139c0162470c5213389c97474fb12.wasm",
-    "tx_bond.wasm": "tx_bond.49aea5d8a42f2a1a0f636c772aac16a6ac438a44a0e3f8704e723a3f87a00c7f.wasm",
-    "tx_bridge_pool.wasm": "tx_bridge_pool.79ed3627000253928c547b3eaf0e28897b8935fbda7ed62e0c21e280556331cb.wasm",
-    "tx_change_consensus_key.wasm": "tx_change_consensus_key.6dcec7671383ba400294ebff6934982443178348c9003ef7bd47ded23b3e6edd.wasm",
-    "tx_change_validator_commission.wasm": "tx_change_validator_commission.888481346664269b29803f56f6f898f9d744f88de4d3a09b8fbdff583a6b9ed3.wasm",
-    "tx_change_validator_metadata.wasm": "tx_change_validator_metadata.b5c68ea198f37e57c3c572a063fd214c1fdbe5349b597ac42a6467927d5c8297.wasm",
-    "tx_claim_rewards.wasm": "tx_claim_rewards.177232a5c191e578692fc128fa24b29614da9f2299c19cd4a3fd1634c418081e.wasm",
-    "tx_deactivate_validator.wasm": "tx_deactivate_validator.920ff0308d6188de57b09bff120148a5b28d3e85f96113a589df421437ee7fc7.wasm",
-    "tx_ibc.wasm": "tx_ibc.baa89640668bd2a3867da22b6f29a34e7b1ee3a0454fde256e0b78aae05bbbd4.wasm",
-    "tx_init_account.wasm": "tx_init_account.993faf8ebfd17368fe10c8c415167a66ada955a78061e5d82ed73180923ab03b.wasm",
-    "tx_init_proposal.wasm": "tx_init_proposal.df2993810a8443842de42477be74da50e05ce2f61d439941f039806436a0bc53.wasm",
-    "tx_reactivate_validator.wasm": "tx_reactivate_validator.68d69a6d5e7fb2f15d33f0bfe77a70cf7e057477261cc5f2920a335a4fa8275b.wasm",
-    "tx_redelegate.wasm": "tx_redelegate.902ade1c732ef0c619ef5c71e145d53e7c23a37ef07fddea5be9eb88247a4fba.wasm",
-    "tx_resign_steward.wasm": "tx_resign_steward.fcc2c23df6ba1f866ec9f041a29ee1ae6bcb039d7b9525644f3fec762e3b19bd.wasm",
-    "tx_reveal_pk.wasm": "tx_reveal_pk.b677b847da9fe3491ecf18361746898a41af2cc7694c6c6bbf7694274fdcf86e.wasm",
-    "tx_transfer.wasm": "tx_transfer.bbd338d7bbca64cdf5420874724e64737e927e71feb3266bfed82b9ed7603999.wasm",
-    "tx_unbond.wasm": "tx_unbond.d516bc31b61384d2f7a372183fa6749992f3abe533449e2b161a94e7a6fc6f23.wasm",
-    "tx_unjail_validator.wasm": "tx_unjail_validator.37ea6055e8d9e55f581d5697501cf8ba5a51dac6a63be0e5d95ca85fca149553.wasm",
-    "tx_update_account.wasm": "tx_update_account.8345b3ceed462443b003500b2e369e1adf47083feaa0596c59797dfa1c2f6365.wasm",
-    "tx_update_steward_commission.wasm": "tx_update_steward_commission.a03fb9caa56d8df01ed49426e89184d5512df0a400ab3961c8e151fcafea43a6.wasm",
-    "tx_vote_proposal.wasm": "tx_vote_proposal.801a3303f7e7eed933e821f555d8f727b919c676bf6b3f11774727c5a2eabe17.wasm",
-    "tx_withdraw.wasm": "tx_withdraw.d78fbc84878faaaa898616eb292d55b927679923d1a27d13ef8816ee64aae761.wasm",
-    "vp_implicit.wasm": "vp_implicit.1b8589fdd9cc748ebeaccd71b7dea1d82736b85368999863a52a7fbee904fb0e.wasm",
-    "vp_user.wasm": "vp_user.5c0511db928e30f8dddc2d6317d47a33b15942872690d386c36c19b3b85e23f1.wasm"
-}
+    "tx_become_validator.wasm": "tx_become_validator.cf3bcb8c8686008784a7f852105301a0305350ee17430440717d43e6db460cbc.wasm",
+    "tx_bond.wasm": "tx_bond.4fbb1151d85daf9e7e19487537147562b3446ddc0cb5d260a9997b3c16e808d4.wasm",
+    "tx_bridge_pool.wasm": "tx_bridge_pool.ce3d535052dfe9666ed724f27e8c44501702a601e346394bde99f66491ce50e9.wasm",
+    "tx_change_consensus_key.wasm": "tx_change_consensus_key.7211ffb64d7d4adfa3487188db247e8333c5e0ff61a5cdd6b316e004beb73beb.wasm",
+    "tx_change_validator_commission.wasm": "tx_change_validator_commission.d0e844f18f9ff428b8c96941211c09a32f9a1e03c09846ccc2b5a97b06408af7.wasm",
+    "tx_change_validator_metadata.wasm": "tx_change_validator_metadata.4fe63ea651bb4ef5011eaba89e55e6fa141f8065d92af5080b19a7f29e4a7971.wasm",
+    "tx_claim_rewards.wasm": "tx_claim_rewards.cf305f2caaf174090e31191113be74f3a3cded256b0620c61fadb81f10db5c81.wasm",
+    "tx_deactivate_validator.wasm": "tx_deactivate_validator.810729385c2637e0994d552d72cf3b39d339f1f0de0ffc1e3b7daaaadfa66ccd.wasm",
+    "tx_ibc.wasm": "tx_ibc.577913be7ea4e42f98348d44f512a2a9b452c7b38020ce46154c7f41223fb192.wasm",
+    "tx_init_account.wasm": "tx_init_account.5145b66576c50d16976d6c311a1b4f265ec07ba763c7e922d5d5646b01756db1.wasm",
+    "tx_init_proposal.wasm": "tx_init_proposal.4fb290a770a1dcf82aa3f3ef6bd9c11a31604ed8b6ee9cd010af4ad00c146728.wasm",
+    "tx_reactivate_validator.wasm": "tx_reactivate_validator.01d38ef17e06bb3ccd4820650bcb815237a0bbf688d00059e13388fbb3b56f65.wasm",
+    "tx_redelegate.wasm": "tx_redelegate.4a65fa3fdf6392414ec4f0eb7d214b0a07a6fb67e54dc87ae1b3979aa24edad2.wasm",
+    "tx_resign_steward.wasm": "tx_resign_steward.efafc51f0f92f9348db0b6bf10772280b61a4db8d5ab414efb91479372094c08.wasm",
+    "tx_reveal_pk.wasm": "tx_reveal_pk.8f4e8ed0aa299b19c3cf1813a9f1e27120e36ddf57dc87395c3dc4704b45a12e.wasm",
+    "tx_transfer.wasm": "tx_transfer.f328a0673cf06da98c47f9bb439416b3ed4d8ae70cde0b73a44fc70c3f240347.wasm",
+    "tx_unbond.wasm": "tx_unbond.05ff51a7bbb71f566f860d48cdb2a8c646ba50a270fecbe83dcc9869d8219d8a.wasm",
+    "tx_unjail_validator.wasm": "tx_unjail_validator.fd6beef37e63044c193965094028d78364b93c2adc5088b18d6d938dcbc8e462.wasm",
+    "tx_update_account.wasm": "tx_update_account.91620fff4f70de68f6957b58afa8629ca725c00885080c3a81c56d4eaf1d4d36.wasm",
+    "tx_update_steward_commission.wasm": "tx_update_steward_commission.a925d5f60af35a5a111be391261a3fa226069ab6a4481f1cced8ba4c186f62d1.wasm",
+    "tx_vote_proposal.wasm": "tx_vote_proposal.ea274b4000e19e8e66bd08230af2bff8e7de453cb4a7bcfc0e9c215eeae2c777.wasm",
+    "tx_withdraw.wasm": "tx_withdraw.358d5c6556ae07e0175c230c340d23f21ce0c9cde599b52b4d32b569253cbb5b.wasm",
+    "vp_implicit.wasm": "vp_implicit.8bdb0fb0cace962ac68b9afd0030dcbdbfc3d140437cffdb8e7bf52172689348.wasm",
+    "vp_user.wasm": "vp_user.1398e393bd42c0a2e63d1bc5cccd9e2bedaf4d70711927e60b8a408254477e38.wasm"
+}
\ No newline at end of file
diff --git a/wasm_for_tests/Cargo.lock b/wasm_for_tests/Cargo.lock
index 78fb4a614c..2e7778bbe4 100644
--- a/wasm_for_tests/Cargo.lock
+++ b/wasm_for_tests/Cargo.lock
@@ -3744,7 +3744,7 @@ checksum = "e5ce46fe64a9d73be07dcbe690a38ce1b293be448fd8ce1e6c1b8062c9f72c6a"
 
 [[package]]
 name = "namada"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "async-trait",
  "borsh 1.2.1",
@@ -3799,7 +3799,7 @@ dependencies = [
 
 [[package]]
 name = "namada_account"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -3811,7 +3811,7 @@ dependencies = [
 
 [[package]]
 name = "namada_controller"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "smooth-operator",
@@ -3820,7 +3820,7 @@ dependencies = [
 
 [[package]]
 name = "namada_core"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "bech32 0.8.1",
  "borsh 1.2.1",
@@ -3866,7 +3866,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ethereum_bridge"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "ethers",
@@ -3891,7 +3891,7 @@ dependencies = [
 
 [[package]]
 name = "namada_events"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -3904,7 +3904,7 @@ dependencies = [
 
 [[package]]
 name = "namada_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -3916,7 +3916,7 @@ dependencies = [
 
 [[package]]
 name = "namada_governance"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -3937,7 +3937,7 @@ dependencies = [
 
 [[package]]
 name = "namada_ibc"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "data-encoding",
@@ -3968,7 +3968,7 @@ dependencies = [
 
 [[package]]
 name = "namada_macros"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "data-encoding",
  "proc-macro2",
@@ -3979,7 +3979,7 @@ dependencies = [
 
 [[package]]
 name = "namada_merkle_tree"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "eyre",
@@ -3993,7 +3993,7 @@ dependencies = [
 
 [[package]]
 name = "namada_parameters"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_macros",
@@ -4004,7 +4004,7 @@ dependencies = [
 
 [[package]]
 name = "namada_proof_of_stake"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "konst",
@@ -4027,14 +4027,14 @@ dependencies = [
 
 [[package]]
 name = "namada_replay_protection"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
 ]
 
 [[package]]
 name = "namada_sdk"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "async-trait",
  "bimap",
@@ -4100,7 +4100,7 @@ dependencies = [
 
 [[package]]
 name = "namada_shielded_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "lazy_static",
@@ -4121,7 +4121,7 @@ dependencies = [
 
 [[package]]
 name = "namada_state"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -4143,7 +4143,7 @@ dependencies = [
 
 [[package]]
 name = "namada_storage"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "itertools 0.12.1",
@@ -4160,7 +4160,7 @@ dependencies = [
 
 [[package]]
 name = "namada_test_utils"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -4169,7 +4169,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tests"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "concat-idents",
  "derivative",
@@ -4196,7 +4196,7 @@ dependencies = [
 
 [[package]]
 name = "namada_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -4211,7 +4211,7 @@ dependencies = [
 
 [[package]]
 name = "namada_trans_token"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "konst",
  "namada_core",
@@ -4221,7 +4221,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "ark-bls12-381",
  "bitflags 2.5.0",
@@ -4249,7 +4249,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "namada_core",
  "namada_events",
@@ -4258,7 +4258,7 @@ dependencies = [
 
 [[package]]
 name = "namada_tx_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "masp_primitives",
@@ -4279,7 +4279,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vm_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "masp_primitives",
@@ -4288,7 +4288,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vote_ext"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_core",
@@ -4299,7 +4299,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_env"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "derivative",
  "masp_primitives",
@@ -4313,7 +4313,7 @@ dependencies = [
 
 [[package]]
 name = "namada_vp_prelude"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "borsh 1.2.1",
  "namada_account",
@@ -6770,7 +6770,7 @@ checksum = "3528ecfd12c466c6f163363caf2d02a71161dd5e1cc6ae7b34207ea2d42d81ed"
 
 [[package]]
 name = "tx_fail"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6784,7 +6784,7 @@ dependencies = [
 
 [[package]]
 name = "tx_infinite_guest_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6798,7 +6798,7 @@ dependencies = [
 
 [[package]]
 name = "tx_infinite_host_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6812,7 +6812,7 @@ dependencies = [
 
 [[package]]
 name = "tx_invalid_data"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6826,7 +6826,7 @@ dependencies = [
 
 [[package]]
 name = "tx_memory_limit"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6840,7 +6840,7 @@ dependencies = [
 
 [[package]]
 name = "tx_no_op"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6854,7 +6854,7 @@ dependencies = [
 
 [[package]]
 name = "tx_proposal_code"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_proof_of_stake",
@@ -6869,7 +6869,7 @@ dependencies = [
 
 [[package]]
 name = "tx_proposal_ibc_token_inflation"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6883,7 +6883,7 @@ dependencies = [
 
 [[package]]
 name = "tx_proposal_masp_reward"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6897,7 +6897,7 @@ dependencies = [
 
 [[package]]
 name = "tx_read_storage_key"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -6911,7 +6911,7 @@ dependencies = [
 
 [[package]]
 name = "tx_write"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_test_utils",
@@ -7092,7 +7092,7 @@ checksum = "49874b5167b65d7193b8aba1567f5c7d93d001cafc34600cee003eda787e483f"
 
 [[package]]
 name = "vp_always_false"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7106,7 +7106,7 @@ dependencies = [
 
 [[package]]
 name = "vp_always_true"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7120,7 +7120,7 @@ dependencies = [
 
 [[package]]
 name = "vp_eval"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7135,7 +7135,7 @@ dependencies = [
 
 [[package]]
 name = "vp_infinite_guest_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7149,7 +7149,7 @@ dependencies = [
 
 [[package]]
 name = "vp_infinite_host_gas"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7164,7 +7164,7 @@ dependencies = [
 
 [[package]]
 name = "vp_memory_limit"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
@@ -7178,7 +7178,7 @@ dependencies = [
 
 [[package]]
 name = "vp_read_storage_key"
-version = "0.39.0"
+version = "0.40.0"
 dependencies = [
  "getrandom 0.2.15",
  "namada_tests",
diff --git a/wasm_for_tests/Cargo.toml b/wasm_for_tests/Cargo.toml
index 5378370874..0151180278 100644
--- a/wasm_for_tests/Cargo.toml
+++ b/wasm_for_tests/Cargo.toml
@@ -26,7 +26,7 @@ members = [
 authors = ["Heliax AG <hello@heliax.dev>"]
 edition = "2021"
 license = "GPL-3.0"
-version = "0.39.0"
+version = "0.40.0"
 
 [workspace.dependencies]
 namada_test_utils = { path = "../crates/test_utils" }
diff --git a/wasm_for_tests/tx_fail.wasm b/wasm_for_tests/tx_fail.wasm
index 1a921e33a9..9e6cd3dcac 100755
Binary files a/wasm_for_tests/tx_fail.wasm and b/wasm_for_tests/tx_fail.wasm differ
diff --git a/wasm_for_tests/tx_infinite_guest_gas.wasm b/wasm_for_tests/tx_infinite_guest_gas.wasm
index 10ea097f55..6c2fc30d2a 100755
Binary files a/wasm_for_tests/tx_infinite_guest_gas.wasm and b/wasm_for_tests/tx_infinite_guest_gas.wasm differ
diff --git a/wasm_for_tests/tx_infinite_host_gas.wasm b/wasm_for_tests/tx_infinite_host_gas.wasm
index 33a43f82a1..99911e67e1 100755
Binary files a/wasm_for_tests/tx_infinite_host_gas.wasm and b/wasm_for_tests/tx_infinite_host_gas.wasm differ
diff --git a/wasm_for_tests/tx_invalid_data.wasm b/wasm_for_tests/tx_invalid_data.wasm
index d271034c02..e250d0aab9 100755
Binary files a/wasm_for_tests/tx_invalid_data.wasm and b/wasm_for_tests/tx_invalid_data.wasm differ
diff --git a/wasm_for_tests/tx_memory_limit.wasm b/wasm_for_tests/tx_memory_limit.wasm
index 8ad418949c..1094917a12 100755
Binary files a/wasm_for_tests/tx_memory_limit.wasm and b/wasm_for_tests/tx_memory_limit.wasm differ
diff --git a/wasm_for_tests/tx_no_op.wasm b/wasm_for_tests/tx_no_op.wasm
index c35e273e91..e8b9fc3252 100755
Binary files a/wasm_for_tests/tx_no_op.wasm and b/wasm_for_tests/tx_no_op.wasm differ
diff --git a/wasm_for_tests/tx_proposal_code.wasm b/wasm_for_tests/tx_proposal_code.wasm
index 5d92bd57a7..71701dd480 100755
Binary files a/wasm_for_tests/tx_proposal_code.wasm and b/wasm_for_tests/tx_proposal_code.wasm differ
diff --git a/wasm_for_tests/tx_proposal_ibc_token_inflation.wasm b/wasm_for_tests/tx_proposal_ibc_token_inflation.wasm
index 268afb88e2..cb67e569ba 100755
Binary files a/wasm_for_tests/tx_proposal_ibc_token_inflation.wasm and b/wasm_for_tests/tx_proposal_ibc_token_inflation.wasm differ
diff --git a/wasm_for_tests/tx_proposal_masp_reward.wasm b/wasm_for_tests/tx_proposal_masp_reward.wasm
index 20a866770a..0c5232b8a1 100755
Binary files a/wasm_for_tests/tx_proposal_masp_reward.wasm and b/wasm_for_tests/tx_proposal_masp_reward.wasm differ
diff --git a/wasm_for_tests/tx_read_storage_key.wasm b/wasm_for_tests/tx_read_storage_key.wasm
index 961ab3a44f..6e71360ccf 100755
Binary files a/wasm_for_tests/tx_read_storage_key.wasm and b/wasm_for_tests/tx_read_storage_key.wasm differ
diff --git a/wasm_for_tests/tx_write.wasm b/wasm_for_tests/tx_write.wasm
index d9e18780e4..cb0a4fdd52 100755
Binary files a/wasm_for_tests/tx_write.wasm and b/wasm_for_tests/tx_write.wasm differ
diff --git a/wasm_for_tests/vp_always_false.wasm b/wasm_for_tests/vp_always_false.wasm
index cebde6679e..b2394d798d 100755
Binary files a/wasm_for_tests/vp_always_false.wasm and b/wasm_for_tests/vp_always_false.wasm differ
diff --git a/wasm_for_tests/vp_always_true.wasm b/wasm_for_tests/vp_always_true.wasm
index d384811db7..8d72c4cd00 100755
Binary files a/wasm_for_tests/vp_always_true.wasm and b/wasm_for_tests/vp_always_true.wasm differ
diff --git a/wasm_for_tests/vp_eval.wasm b/wasm_for_tests/vp_eval.wasm
index 1ee657a594..ba8b12232a 100755
Binary files a/wasm_for_tests/vp_eval.wasm and b/wasm_for_tests/vp_eval.wasm differ
diff --git a/wasm_for_tests/vp_infinite_guest_gas.wasm b/wasm_for_tests/vp_infinite_guest_gas.wasm
index 930d41dc9e..b405a65825 100755
Binary files a/wasm_for_tests/vp_infinite_guest_gas.wasm and b/wasm_for_tests/vp_infinite_guest_gas.wasm differ
diff --git a/wasm_for_tests/vp_infinite_host_gas.wasm b/wasm_for_tests/vp_infinite_host_gas.wasm
index 32f13181d2..adc5149580 100755
Binary files a/wasm_for_tests/vp_infinite_host_gas.wasm and b/wasm_for_tests/vp_infinite_host_gas.wasm differ
diff --git a/wasm_for_tests/vp_memory_limit.wasm b/wasm_for_tests/vp_memory_limit.wasm
index d0cdd33229..633742ae49 100755
Binary files a/wasm_for_tests/vp_memory_limit.wasm and b/wasm_for_tests/vp_memory_limit.wasm differ
diff --git a/wasm_for_tests/vp_read_storage_key.wasm b/wasm_for_tests/vp_read_storage_key.wasm
index c8856cc4f2..e80190eae2 100755
Binary files a/wasm_for_tests/vp_read_storage_key.wasm and b/wasm_for_tests/vp_read_storage_key.wasm differ