diff --git a/Cargo.lock b/Cargo.lock
index 436f8b4993..07f8c2cb34 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -976,7 +976,7 @@ dependencies = [
 
 [[package]]
 name = "basilisk-runtime"
-version = "107.0.0"
+version = "108.0.0"
 dependencies = [
  "cumulus-pallet-aura-ext",
  "cumulus-pallet-dmp-queue",
@@ -7252,7 +7252,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-marketplace"
-version = "5.0.16"
+version = "5.0.17"
 dependencies = [
  "frame-benchmarking",
  "frame-support",
@@ -8106,7 +8106,7 @@ dependencies = [
 
 [[package]]
 name = "pallet-xyk-liquidity-mining"
-version = "1.1.9"
+version = "1.1.10"
 dependencies = [
  "frame-support",
  "frame-system",
@@ -10659,7 +10659,7 @@ dependencies = [
 
 [[package]]
 name = "runtime-integration-tests"
-version = "1.0.0"
+version = "1.0.1"
 dependencies = [
  "basilisk-runtime",
  "cumulus-pallet-aura-ext",
diff --git a/integration-tests/Cargo.toml b/integration-tests/Cargo.toml
index b15a076ec8..7b9f93d7a2 100644
--- a/integration-tests/Cargo.toml
+++ b/integration-tests/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "runtime-integration-tests"
-version = "1.0.0"
+version = "1.0.1"
 description = "Integration tests"
 authors = ["GalacticCouncil"]
 edition = "2021"
diff --git a/pallets/marketplace/Cargo.toml b/pallets/marketplace/Cargo.toml
index 6b59da31f5..6721038af9 100644
--- a/pallets/marketplace/Cargo.toml
+++ b/pallets/marketplace/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-marketplace"
-version = "5.0.16"
+version = "5.0.17"
 authors = ["GalacticCoucil"]
 description = "The marketplace for trading NFTs"
 edition = "2018"
diff --git a/pallets/xyk-liquidity-mining/Cargo.toml b/pallets/xyk-liquidity-mining/Cargo.toml
index 8c764695d5..9a7bb2549a 100644
--- a/pallets/xyk-liquidity-mining/Cargo.toml
+++ b/pallets/xyk-liquidity-mining/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "pallet-xyk-liquidity-mining"
-version = "1.1.9"
+version = "1.1.10"
 description = "Liquidity mining"
 authors = ["GalacticCouncil"]
 edition = "2021"
diff --git a/runtime/basilisk/Cargo.toml b/runtime/basilisk/Cargo.toml
index eb22e64d76..bbc8433b78 100644
--- a/runtime/basilisk/Cargo.toml
+++ b/runtime/basilisk/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "basilisk-runtime"
-version = "107.0.0"
+version = "108.0.0"
 authors = ["GalacticCouncil"]
 edition = "2021"
 homepage = "https://github.com/galacticcouncil/Basilisk-node"
diff --git a/runtime/basilisk/src/lib.rs b/runtime/basilisk/src/lib.rs
index a0ac00ae05..6eb85f5197 100644
--- a/runtime/basilisk/src/lib.rs
+++ b/runtime/basilisk/src/lib.rs
@@ -102,7 +102,7 @@ pub const VERSION: RuntimeVersion = RuntimeVersion {
 	spec_name: create_runtime_str!("basilisk"),
 	impl_name: create_runtime_str!("basilisk"),
 	authoring_version: 1,
-	spec_version: 107,
+	spec_version: 108,
 	impl_version: 0,
 	apis: RUNTIME_API_VERSIONS,
 	transaction_version: 1,
diff --git a/runtime/basilisk/src/xcm.rs b/runtime/basilisk/src/xcm.rs
index 31c655285c..15a8927262 100644
--- a/runtime/basilisk/src/xcm.rs
+++ b/runtime/basilisk/src/xcm.rs
@@ -269,8 +269,25 @@ impl pallet_xcm::Config for Runtime {
 	type RemoteLockConsumerIdentifier = ();
 }
 
+#[test]
+fn defer_duration_configuration() {
+	use sp_runtime::{traits::One, FixedPointNumber, FixedU128};
+	/// Calculate the configuration value for the defer duration based on the desired defer duration and
+	/// the threshold percentage when to start deferring.
+	/// - `defer_by`: the desired defer duration when reaching the rate limit
+	/// - `a``: the fraction of the rate limit where we start deferring, e.g. 0.9
+	fn defer_duration(defer_by: u32, a: FixedU128) -> u32 {
+		assert!(a < FixedU128::one());
+		// defer_by * a / (1 - a)
+		(FixedU128::one() / (FixedU128::one() - a)).saturating_mul_int(a.saturating_mul_int(defer_by))
+	}
+	assert_eq!(
+		defer_duration(600 * 4, FixedU128::from_rational(9, 10)),
+		DeferDuration::get()
+	);
+}
 parameter_types! {
-	pub DeferDuration: RelayChainBlockNumber = 100; // 10 min
+	pub DeferDuration: RelayChainBlockNumber = 600 * 36; // 36 hours
 	pub MaxDeferDuration: RelayChainBlockNumber = 600 * 24 * 10; // 10 days
 }