0xe4a95b2b…0275sent to0x020cb711…c471·#20,123,148·view on Etherscan
# [IP] USD3 3.4.0 Upgrade Step 1
[https://forum.reserve.org/t/ip-usd3-3-4-0-upgrade/749](https://forum.reserve.org/t/ip-usd3-3-4-0-upgrade/749)
**Summary**
Upgrade all USD3 core contracts and assets from version 3.0.1 to version 3.4.0 and upgrade to new Governance and TimelockController instances via a spell contract.