diff --git a/asset-registry/Cargo.toml b/asset-registry/Cargo.toml
index f10515994..80136bbc0 100644
--- a/asset-registry/Cargo.toml
+++ b/asset-registry/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-asset-registry"
 description = "Registry for (foreign) assets"
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/asset-registry"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Interlay Ltd, etc"]
 edition = "2021"
 
@@ -27,7 +27,7 @@ xcm-builder = { workspace = true }
 xcm-executor = { workspace = true }
 
 # orml
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 # for runtime-benchmarks
 polkadot-runtime-common = { workspace = true, optional = true }
diff --git a/auction/Cargo.toml b/auction/Cargo.toml
index 0201e97f0..bc8e542af 100644
--- a/auction/Cargo.toml
+++ b/auction/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-auction"
 description = "Auction module that implements `Auction` trait."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/auction"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -17,7 +17,7 @@ frame-system = { workspace = true }
 sp-runtime = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 sp-core = { workspace = true, features = ["std"] }
diff --git a/authority/Cargo.toml b/authority/Cargo.toml
index a89760ece..93eb45ee5 100644
--- a/authority/Cargo.toml
+++ b/authority/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-authority"
 description = "Utility pallet to perform ROOT calls in a PoA network"
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/auction"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
diff --git a/benchmarking/Cargo.toml b/benchmarking/Cargo.toml
index e08d47435..d28e1eefe 100644
--- a/benchmarking/Cargo.toml
+++ b/benchmarking/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-benchmarking"
 description = "Provide macro to benchmark Substrate runtime."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/benchmarking"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/build-script-utils/Cargo.toml b/build-script-utils/Cargo.toml
index 98153295d..6e9c02007 100644
--- a/build-script-utils/Cargo.toml
+++ b/build-script-utils/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-build-script-utils"
 description = "Crate with utility functions for `build.rs` scripts."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/build-script-utils"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Parity Technologies <admin@parity.io>", "Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/currencies/Cargo.toml b/currencies/Cargo.toml
index fdbbc3959..b8dd9d662 100644
--- a/currencies/Cargo.toml
+++ b/currencies/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-currencies"
 description = "Provide `MultiCurrency` implementation using `pallet-balances` and `orml-tokens` module."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/currencies"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
@@ -18,8 +18,8 @@ sp-io = { workspace = true }
 sp-runtime = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
-orml-utilities = { path = "../utilities", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
+orml-utilities = { path = "../utilities", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 pallet-balances = { workspace = true, features = ["std"] }
diff --git a/gradually-update/Cargo.toml b/gradually-update/Cargo.toml
index cb17b1b0b..79adeaa83 100644
--- a/gradually-update/Cargo.toml
+++ b/gradually-update/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-gradually-update"
 description = "Provides way to adjust numeric parameter gradually over a period of time."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/gradually-update"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/nft/Cargo.toml b/nft/Cargo.toml
index 473015cb5..f63d0f303 100644
--- a/nft/Cargo.toml
+++ b/nft/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-nft"
 description = "Non-fungible token pallet provides basic functions to create and manager NFT"
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/nft"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
diff --git a/oracle/Cargo.toml b/oracle/Cargo.toml
index 62fc0ef00..f7c78fa62 100644
--- a/oracle/Cargo.toml
+++ b/oracle/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-oracle"
 description = "Oracle module that makes off-chain data available on-chain."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/oracle"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
@@ -19,8 +19,8 @@ sp-io = { workspace = true }
 sp-runtime = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
-orml-utilities = { path = "../utilities", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
+orml-utilities = { path = "../utilities", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 sp-core = { workspace = true }
diff --git a/oracle/runtime-api/Cargo.toml b/oracle/runtime-api/Cargo.toml
index 9197e8f8e..9b3cdadfa 100644
--- a/oracle/runtime-api/Cargo.toml
+++ b/oracle/runtime-api/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "orml-oracle-runtime-api"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 license = "Apache-2.0"
diff --git a/parameters/Cargo.toml b/parameters/Cargo.toml
index 4e9c6e4ba..d8581910e 100644
--- a/parameters/Cargo.toml
+++ b/parameters/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-parameters"
 description = "Offer a centra place to store and configure parameters."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/parameters"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -18,7 +18,7 @@ sp-runtime = { workspace = true }
 sp-core = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 sp-core = { workspace = true, features = ["std"] }
diff --git a/payments/Cargo.toml b/payments/Cargo.toml
index 3b346deb8..775527d75 100644
--- a/payments/Cargo.toml
+++ b/payments/Cargo.toml
@@ -2,7 +2,7 @@
 authors = ["Virto Network <we@virto.team>"]
 edition = '2021'
 name = "orml-payments"
-version = "0.7.0"
+version = "0.7.1"
 license = "Apache-2.0"
 homepage = "https://github.com/virto-network/virto-node"
 repository = "https://github.com/virto-network/virto-node"
@@ -19,7 +19,7 @@ frame-system = { workspace = true }
 sp-runtime = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = {path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = {path = "../traits", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 serde = "1.0.136"
diff --git a/rewards/Cargo.toml b/rewards/Cargo.toml
index 6a3b9c41c..d6db8d88c 100644
--- a/rewards/Cargo.toml
+++ b/rewards/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-rewards"
 description = "Store and manage shares and rewards"
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/rewards"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -19,7 +19,7 @@ sp-io = { workspace = true }
 sp-runtime = { workspace = true, features = ["serde"] }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 sp-core = { workspace = true, features = ["std"] }
diff --git a/tokens/Cargo.toml b/tokens/Cargo.toml
index e8891372c..8bf8a5ecf 100644
--- a/tokens/Cargo.toml
+++ b/tokens/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-tokens"
 description = "Fungible tokens module that implements `MultiCurrency` trait."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/tokens"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
@@ -19,7 +19,7 @@ sp-arithmetic = { workspace = true }
 sp-runtime = { workspace = true }
 sp-std = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 pallet-elections-phragmen = { workspace = true, features = ["std"] }
diff --git a/tokens/runtime-api/Cargo.toml b/tokens/runtime-api/Cargo.toml
index a4b92e686..9245ca5b0 100644
--- a/tokens/runtime-api/Cargo.toml
+++ b/tokens/runtime-api/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "orml-tokens-runtime-api"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 license = "Apache-2.0"
diff --git a/traits/Cargo.toml b/traits/Cargo.toml
index f1df78320..38cbfa8d4 100644
--- a/traits/Cargo.toml
+++ b/traits/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-traits"
 description = "Shared traits including `BasicCurrency`, `MultiCurrency`, `Auction` and more."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/traits"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
@@ -23,7 +23,7 @@ frame-support = { workspace = true }
 
 xcm = { workspace = true }
 
-orml-utilities = { path = "../utilities", version = "0.7.0", default-features = false }
+orml-utilities = { path = "../utilities", version = "0.7.1", default-features = false }
 
 [features]
 default = [ "std" ]
diff --git a/unknown-tokens/Cargo.toml b/unknown-tokens/Cargo.toml
index a2aad6688..b5fdf3767 100644
--- a/unknown-tokens/Cargo.toml
+++ b/unknown-tokens/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-unknown-tokens"
 description = "Unknown tokens module that implements `UnknownAsset` trait."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/unknown-tokens"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -18,7 +18,7 @@ sp-std = { workspace = true }
 
 xcm = { workspace = true }
 
-orml-xcm-support = { path = "../xcm-support", version = "0.7.0", default-features = false }
+orml-xcm-support = { path = "../xcm-support", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 sp-core = { workspace = true, features = ["std"] }
diff --git a/utilities/Cargo.toml b/utilities/Cargo.toml
index c337b389e..4b297a33e 100644
--- a/utilities/Cargo.toml
+++ b/utilities/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-utilities"
 description = "Various utilities including `FixedU128` and `LinkedList`."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/utilities"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/vesting/Cargo.toml b/vesting/Cargo.toml
index 1b0f4a706..af89f1a3c 100644
--- a/vesting/Cargo.toml
+++ b/vesting/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-vesting"
 description = "Provides scheduled balance locking mechanism, in a *graded vesting* way."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/vesting"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/xcm-mock-message-queue/Cargo.toml b/xcm-mock-message-queue/Cargo.toml
index 2a6a8d7f8..f0cc1e84a 100644
--- a/xcm-mock-message-queue/Cargo.toml
+++ b/xcm-mock-message-queue/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-xcm-mock-message-queue"
 description = "XCM Mock Message Qeueu for XCM Simulator tests"
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/xcm-mock-message-queue"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
diff --git a/xcm-support/Cargo.toml b/xcm-support/Cargo.toml
index 35701d929..0a8bb202f 100644
--- a/xcm-support/Cargo.toml
+++ b/xcm-support/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-xcm-support"
 description = "Supporting module for XCM integration."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/xcm-support"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -17,7 +17,7 @@ sp-std = { workspace = true }
 xcm = { workspace = true }
 xcm-executor = { workspace = true }
 
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false }
 
 [features]
 default = [ "std" ]
diff --git a/xcm/Cargo.toml b/xcm/Cargo.toml
index 8b6afef65..088569f29 100644
--- a/xcm/Cargo.toml
+++ b/xcm/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-xcm"
 description = "XCM message helpers."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/xcm"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
diff --git a/xtokens/Cargo.toml b/xtokens/Cargo.toml
index 977a762ea..80e41307b 100644
--- a/xtokens/Cargo.toml
+++ b/xtokens/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-xtokens"
 description = "Cross-chain token transfer."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/xtokens"
 license = "Apache-2.0"
-version = "0.7.0"
+version = "0.7.1"
 authors = ["Acala Developers"]
 edition = "2021"
 
@@ -26,8 +26,8 @@ xcm = { workspace = true }
 xcm-executor = { workspace = true }
 
 # orml
-orml-traits = { path = "../traits", version = "0.7.0", default-features = false}
-orml-xcm-support = { path = "../xcm-support", version = "0.7.0", default-features = false }
+orml-traits = { path = "../traits", version = "0.7.1", default-features = false}
+orml-xcm-support = { path = "../xcm-support", version = "0.7.1", default-features = false }
 
 [dev-dependencies]
 # substrate