diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8c5899a27b9..ad073fc1db4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,12 @@
 
 - **(html/parser)** Fix for noah's ark clause (#4558) ([7ef6372](https://github.com/swc-project/swc/commit/7ef637263e57b9c995de1a847606f878991054fd))
 
+### Features
+
+
+
+- **(es/minifier)** Drop vars using sequential inliner (#4547) ([c5b4ef4](https://github.com/swc-project/swc/commit/c5b4ef4377874d8659d5b4e6c4099e1eac6c40f1))
+
 ## [1.2.178] - 2022-05-07
 
 ### Bug Fixes
diff --git a/Cargo.lock b/Cargo.lock
index 2960906d35b..390719f9bdb 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3303,7 +3303,7 @@ dependencies = [
 
 [[package]]
 name = "swc_ecma_minifier"
-version = "0.110.2"
+version = "0.110.3"
 dependencies = [
  "ahash",
  "ansi_term",
diff --git a/crates/swc_ecma_minifier/Cargo.toml b/crates/swc_ecma_minifier/Cargo.toml
index 904b8353dac..f7ba90e38dc 100644
--- a/crates/swc_ecma_minifier/Cargo.toml
+++ b/crates/swc_ecma_minifier/Cargo.toml
@@ -7,7 +7,7 @@ include = ["Cargo.toml", "src/**/*.rs", "src/lists/*.json"]
 license = "Apache-2.0"
 name = "swc_ecma_minifier"
 repository = "https://github.com/swc-project/swc.git"
-version = "0.110.2"
+version = "0.110.3"
 
 [package.metadata.docs.rs]
 all-features = true