diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3b25ea8a..ea27075f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,6 +1,30 @@
 # Changelog
 
-# [Unreleased - 3.0.2-SNAPSHOT]
+# [3.1.0]
+## Added
+- Add ability to set custom default size limits for requests and responses (https://github.com/valfirst/browserup-proxy/pull/467)
+
+  New constructor: `BrowserUpProxyServer(int maximumRequestBufferSizeInBytes, int maximumResponseBufferSizeInBytes)`
+
+## Changed
+### Dependencies
+- Drop `jzlib` dependency (https://github.com/valfirst/browserup-proxy/pull/465)
+
+  Originally `jzlib` depdency was added to support defalte decompression, this library was optional in netty: https://github.com/lightbody/browsermob-proxy/pull/225/files.
+  Over time JDK zlib decompression support was added to netty: https://github.com/netty/netty/issues/1481.
+  And then this implemnetation became default: https://github.com/netty/netty/issues/4707.
+  It makes `jzlib` dependency redundant, as JDK based implementation is used now. If someone needs to use `jzlib` dependency, then it's required to set the corresponding netty flag and to add this library explicitly to the local project dependencies.
+
+- Drop `guice-multibindings` dependency (https://github.com/valfirst/browserup-proxy/pull/466)
+
+  Since Guice 4.2, multibindings support has moved to Guice core: https://github.com/google/guice/wiki/Guice42#changes-since-guice-42.
+
+- Bump Netty from `4.1.116.Final` to `4.1.117.Final` (https://github.com/valfirst/browserup-proxy/pull/463)
+- Bump Bouncy Castle from `1.79` to `1.80` (https://github.com/valfirst/browserup-proxy/pull/462)
+- Bump Selenium from `4.27.0` to `4.28.1` (https://github.com/valfirst/browserup-proxy/pull/464)
+- Bump Jetty from `9.4.56.v20240826` to `9.4.57.v20241219` (https://github.com/valfirst/browserup-proxy/pull/470)
+- Bump Jersey from `2.45` to `2.46` (https://github.com/valfirst/browserup-proxy/pull/469)
+- Bump Guice from 4.2.3 to 5.1.0 (https://github.com/valfirst/browserup-proxy/pull/468)
 
 # [3.0.1]
 ## Fixed
@@ -94,6 +118,7 @@
 - Bump HAR reader from `2.3.0` to `2.5.0` (https://github.com/valfirst/browserup-proxy/pull/432, https://github.com/valfirst/browserup-proxy/pull/436, https://github.com/valfirst/browserup-proxy/pull/439)
 - Bump LittleProxy from `2.0.22` to `2.3.2` (https://github.com/valfirst/browserup-proxy/pull/339, https://github.com/valfirst/browserup-proxy/pull/408, https://github.com/valfirst/browserup-proxy/pull/421, https://github.com/valfirst/browserup-proxy/pull/429)
 - Bump Netty from `4.1.113.Final` to `4.1.115.Final` (https://github.com/valfirst/browserup-proxy/pull/420, https://github.com/valfirst/browserup-proxy/pull/433)
+- Bump Bouncy Castle from `1.78.1` to `1.79` (https://github.com/valfirst/browserup-proxy/pull/426)
 - Bump Log4J from `2.24.0` to `2.24.1` (https://github.com/valfirst/browserup-proxy/pull/415)
 - Bump Selenium from `4.13.0` to `4.26.0` (https://github.com/valfirst/browserup-proxy/pull/399, https://github.com/valfirst/browserup-proxy/pull/410, https://github.com/valfirst/browserup-proxy/pull/427)
 - Bump Jackson from `2.17.2` to `2.18.1` (https://github.com/valfirst/browserup-proxy/pull/412, https://github.com/valfirst/browserup-proxy/pull/425)
diff --git a/README.md b/README.md
index 865bd018..68443a26 100644
--- a/README.md
+++ b/README.md
@@ -41,7 +41,7 @@ To use BrowserUp Proxy in your tests or application, add the `browserup-proxy-co
 <dependency>
     <groupId>com.github.valfirst.browserup-proxy</groupId>
     <artifactId>browserup-proxy-core</artifactId>
-    <version>3.0.1</version>
+    <version>3.1.0</version>
     <scope>test</scope>
 </dependency>
 ```
@@ -359,7 +359,7 @@ When you build the latest code from source, you'll have access to the latest sna
 <dependency>
     <groupId>com.github.valfirst.browserup-proxy</groupId>
     <artifactId>browserup-proxy-core</artifactId>
-    <version>3.0.2-SNAPSHOT</version>
+    <version>3.1.0</version>
     <scope>test</scope>
 </dependency>
 ```
@@ -367,5 +367,5 @@ When you build the latest code from source, you'll have access to the latest sna
 Or for gradle:
 
 ```gradle
-testImplementation 'com.browserup:browserup-proxy-core:3.0.2-SNAPSHOT'
+testImplementation 'com.browserup:browserup-proxy-core:3.1.0'
 ```
diff --git a/browserup-proxy-core/src/main/resources/com/browserup/bup/version b/browserup-proxy-core/src/main/resources/com/browserup/bup/version
index a8e8e5ad..fd2a0186 100644
--- a/browserup-proxy-core/src/main/resources/com/browserup/bup/version
+++ b/browserup-proxy-core/src/main/resources/com/browserup/bup/version
@@ -1 +1 @@
-3.0.2-SNAPSHOT
+3.1.0
diff --git a/build.gradle b/build.gradle
index 984f0c58..69569261 100644
--- a/build.gradle
+++ b/build.gradle
@@ -4,7 +4,7 @@ subprojects {
     apply plugin: 'maven-publish'
 
     group = 'com.github.valfirst.browserup-proxy'
-    version = '3.0.2-SNAPSHOT'
+    version = '3.1.0'
 
     sourceCompatibility=11