diff --git a/CHANGES.txt b/CHANGES.txt
index 9b00fa6a8e..740392e016 100644
--- a/CHANGES.txt
+++ b/CHANGES.txt
@@ -1,3 +1,27 @@
+stratisd 3.5.4
+==============
+Recommended Rust toolchain version: 1.68.0
+Lowest supported Rust toolchain version: 1.66.1
+
+Recommended development platform for Python development: Fedora 37
+
+- Remove memory-mapped keyfile workaround:
+  https://github.com/stratis-storage/stratisd/pull/3265
+
+- On UnlockPool, start the pool directly:
+  https://github.com/stratis-storage/stratisd/issues/3324
+  https://github.com/stratis-storage/stratisd/pull/3329
+
+- Increase predicates dependency lower bound to 3.0.0;
+  https://github.com/stratis-storage/stratisd/issues/3318
+  https://github.com/stratis-storage/stratisd/pull/3320
+
+- Tidies and Maintenance:
+  https://github.com/stratis-storage/stratisd/pull/3330
+  https://github.com/stratis-storage/stratisd/pull/3322
+  https://github.com/stratis-storage/stratisd/pull/3321
+
+
 stratisd 3.5.3
 ==============
 Recommended Rust toolchain version: 1.68.0
diff --git a/Cargo.lock b/Cargo.lock
index 719f1c9fda..d38ca4db72 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4,9 +4,9 @@ version = 3
 
 [[package]]
 name = "aho-corasick"
-version = "0.7.20"
+version = "1.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cc936419f96fa211c1b9166887b38e5e40b19958e5b895be7c1f93adec7071ac"
+checksum = "67fc08ce920c31afb70f013dcce1bfc3a3195de6a228474e45e1f145b36f8d04"
 dependencies = [
  "memchr",
 ]
@@ -252,18 +252,18 @@ dependencies = [
 
 [[package]]
 name = "clap"
-version = "4.2.2"
+version = "4.2.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9b802d85aaf3a1cdb02b224ba472ebdea62014fccfcb269b95a4d76443b5ee5a"
+checksum = "956ac1f6381d8d82ab4684768f89c0ea3afe66925ceadb4eeb3fc452ffc55d62"
 dependencies = [
  "clap_builder",
 ]
 
 [[package]]
 name = "clap_builder"
-version = "4.2.2"
+version = "4.2.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "14a1a858f532119338887a4b8e1af9c60de8249cd7bafd68036a489e261e37b6"
+checksum = "84080e799e54cff944f4b4a4b0e71630b0e0443b25b985175c7dddc1a859b749"
 dependencies = [
  "anstream",
  "anstyle",
@@ -302,9 +302,9 @@ checksum = "e496a50fda8aacccc86d7529e2c1e0892dbd0f898a6b5645b5561b89c3210efa"
 
 [[package]]
 name = "cpufeatures"
-version = "0.2.6"
+version = "0.2.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "280a9f2d8b3a38871a3c8a46fb80db65e5e5ed97da80c4d08bf27fb63e35e181"
+checksum = "3e4c1eaa2012c47becbbad2ab175484c2a84d1185b566fb2cc5b8707343dfe58"
 dependencies = [
  "libc",
 ]
@@ -790,9 +790,9 @@ dependencies = [
 
 [[package]]
 name = "libc"
-version = "0.2.141"
+version = "0.2.142"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3304a64d199bb964be99741b7a14d26972741915b3649639149b2479bb46f4b5"
+checksum = "6a987beff54b60ffa6d51982e1aa1146bc42f19bd26be28b0586f252fccf5317"
 
 [[package]]
 name = "libcryptsetup-rs"
@@ -890,9 +890,9 @@ dependencies = [
 
 [[package]]
 name = "linux-raw-sys"
-version = "0.3.1"
+version = "0.3.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d59d8c75012853d2e872fb56bc8a2e53718e2cafe1a4c823143141c6d90c322f"
+checksum = "9b085a4f2cde5781fc4b1717f2e86c62f5cda49de7ba99a7c2eae02b61c9064c"
 
 [[package]]
 name = "log"
@@ -1117,7 +1117,7 @@ dependencies = [
  "rand",
  "rand_chacha",
  "rand_xorshift",
- "regex-syntax",
+ "regex-syntax 0.6.29",
  "rusty-fork",
  "tempfile",
  "unarray",
@@ -1194,13 +1194,13 @@ dependencies = [
 
 [[package]]
 name = "regex"
-version = "1.7.3"
+version = "1.8.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8b1f693b24f6ac912f4893ef08244d70b6067480d2f1a46e950c9691e6749d1d"
+checksum = "af83e617f331cc6ae2da5443c602dfa5af81e517212d9d611a5b3ba1777b5370"
 dependencies = [
  "aho-corasick",
  "memchr",
- "regex-syntax",
+ "regex-syntax 0.7.1",
 ]
 
 [[package]]
@@ -1215,6 +1215,12 @@ version = "0.6.29"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "f162c6dd7b008981e4d40210aca20b4bd0f9b60ca9271061b07f78537722f2e1"
 
+[[package]]
+name = "regex-syntax"
+version = "0.7.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a5996294f19bd3aae0453a862ad728f60e6600695733dd5df01da90c54363a3c"
+
 [[package]]
 name = "retry"
 version = "1.3.1"
@@ -1242,9 +1248,9 @@ checksum = "08d43f7aa6b08d49f382cde6a7982047c3426db949b1424bc4b7ec9ae12c6ce2"
 
 [[package]]
 name = "rustix"
-version = "0.37.11"
+version = "0.37.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "85597d61f83914ddeba6a47b3b8ffe7365107221c2e557ed94426489fefb5f77"
+checksum = "f79bef90eb6d984c72722595b5b1348ab39275a5e5123faca6863bf07d75a4e0"
 dependencies = [
  "bitflags",
  "errno 0.3.1",
@@ -1365,7 +1371,7 @@ checksum = "a2eb9349b6444b326872e140eb1cf5e7c522154d69e7a0ffb0fb81c06b37543f"
 
 [[package]]
 name = "stratisd"
-version = "3.5.3"
+version = "3.5.4"
 dependencies = [
  "assert_cmd",
  "assert_matches",
diff --git a/Cargo.toml b/Cargo.toml
index 08b12b62fc..67ebf12d13 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "stratisd"
-version = "3.5.3"
+version = "3.5.4"
 authors = ["Stratis Developers <stratis-devel@lists.fedorahosted.org>"]
 edition = "2021"
 rust-version = "1.66.1"  # LOWEST SUPPORTED RUST TOOLCHAIN