diff --git a/CHANGELOG.md b/CHANGELOG.md
index c661ef70..f515656e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.3.0](https://github.com/nearai/ironclaw/compare/v0.2.0...v0.3.0) - 2026-02-17
+
+### Added
+
+- direct api key and cheap model ([#116](https://github.com/nearai/ironclaw/pull/116))
+
 ## [0.2.0](https://github.com/nearai/ironclaw/compare/v0.1.3...v0.2.0) - 2026-02-16
 
 ### Added
diff --git a/Cargo.lock b/Cargo.lock
index d20ed6e8..57b0602e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2490,7 +2490,7 @@ dependencies = [
 
 [[package]]
 name = "ironclaw"
-version = "0.2.0"
+version = "0.3.0"
 dependencies = [
  "aes-gcm",
  "aho-corasick",
diff --git a/Cargo.toml b/Cargo.toml
index d940b82e..1fe4fc28 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "ironclaw"
-version = "0.2.0"
+version = "0.3.0"
 edition = "2024"
 rust-version = "1.92"
 description = "Secure personal AI assistant that protects your data and expands its capabilities on the fly"