diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index fbc04b36b43..0dcbd63689e 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,8 +1,8 @@
 {
-  ".": "0.7.0",
+  ".": "0.7.1",
   "packages/branding": "0.1.0",
   "packages/bridge-ui": "0.2.0",
-  "packages/protocol": "0.4.0",
+  "packages/protocol": "0.4.1",
   "packages/relayer": "0.2.1",
   "packages/status-page": "0.4.0",
   "packages/tokenomics": "0.1.0",
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1e78837691d..3ad5a865013 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.7.1](https://github.com/taikoxyz/taiko-mono/compare/taiko-mono-v0.7.0...taiko-mono-v0.7.1) (2023-03-03)
+
+
+### Bug Fixes
+
+* **protocol:** Wrong calculation when minting ERC20 tokens ([#13250](https://github.com/taikoxyz/taiko-mono/issues/13250)) ([5920b7e](https://github.com/taikoxyz/taiko-mono/commit/5920b7eee377e913c10b5b78384f24712808f179))
+
 ## [0.7.0](https://github.com/taikoxyz/taiko-mono/compare/taiko-mono-v0.6.0...taiko-mono-v0.7.0) (2023-03-01)
 
 
diff --git a/package.json b/package.json
index 2fd07e90fe3..c630b3e0ec0 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "taiko-mono",
-  "version": "0.7.0",
+  "version": "0.7.1",
   "private": true,
   "scripts": {
     "prepare": "husky install"
diff --git a/packages/protocol/CHANGELOG.md b/packages/protocol/CHANGELOG.md
index 0a4e92964f9..9569947edd7 100644
--- a/packages/protocol/CHANGELOG.md
+++ b/packages/protocol/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.4.1](https://github.com/taikoxyz/taiko-mono/compare/protocol-v0.4.0...protocol-v0.4.1) (2023-03-03)
+
+
+### Bug Fixes
+
+* **protocol:** Wrong calculation when minting ERC20 tokens ([#13250](https://github.com/taikoxyz/taiko-mono/issues/13250)) ([5920b7e](https://github.com/taikoxyz/taiko-mono/commit/5920b7eee377e913c10b5b78384f24712808f179))
+
 ## [0.4.0](https://github.com/taikoxyz/taiko-mono/compare/protocol-v0.3.0...protocol-v0.4.0) (2023-03-01)
 
 
diff --git a/packages/protocol/package.json b/packages/protocol/package.json
index 14185acaf9f..75d11c61bd8 100644
--- a/packages/protocol/package.json
+++ b/packages/protocol/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@taiko/protocol",
-  "version": "0.4.0",
+  "version": "0.4.1",
   "private": true,
   "scripts": {
     "compile": "pnpm hardhat compile",