diff --git a/package-lock.json b/package-lock.json
index 270210ad..de93af88 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "@cheqd/studio",
-	"version": "3.16.1-develop.5",
+	"version": "3.16.1",
 	"lockfileVersion": 3,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "@cheqd/studio",
-			"version": "3.16.1-develop.5",
+			"version": "3.16.1",
 			"license": "Apache-2.0",
 			"dependencies": {
 				"@cheqd/did-provider-cheqd": "^4.8.0",
@@ -5211,9 +5211,9 @@
 			}
 		},
 		"node_modules/@expo/cli/node_modules/ws": {
-			"version": "8.19.0",
-			"resolved": "https://registry.npmjs.org/ws/-/ws-8.19.0.tgz",
-			"integrity": "sha512-blAT2mjOEIi0ZzruJfIhb3nps74PRWTCz1IjglWEEpQl5XS/UNama6u2/rjFkDDouqr4L67ry+1aGIALViWjDg==",
+			"version": "8.20.0",
+			"resolved": "https://registry.npmjs.org/ws/-/ws-8.20.0.tgz",
+			"integrity": "sha512-sAt8BhgNbzCtgGbt2OxmpuryO63ZoDk/sqaB/znQm94T4fCEsy/yV+7CdC1kJhOU9lboAEU7R3kquuycDoibVA==",
 			"license": "MIT",
 			"optional": true,
 			"peer": true,
@@ -29641,7 +29641,6 @@
 			"version": "2.3.3",
 			"resolved": "https://registry.npmjs.org/fsevents/-/fsevents-2.3.3.tgz",
 			"integrity": "sha512-5xoDfX+fL7faATnagmWPpbFtwh/R77WmMMqqHGS65C3vvB0YHrgF+B1YmZ3441tMj5n63k0212XNoJwzlhffQw==",
-			"dev": true,
 			"hasInstallScript": true,
 			"license": "MIT",
 			"optional": true,