diff --git a/packages/deploy/.gitignore b/packages/deploy/.gitignore
index a77e23ebbf..885c058545 100644
--- a/packages/deploy/.gitignore
+++ b/packages/deploy/.gitignore
@@ -14,3 +14,4 @@ generated-markups
 
 # editors
 .idea
+deployments/localhost
\ No newline at end of file
diff --git a/packages/deploy/deploy/300_catalyst/301_deploy_catalyst.ts b/packages/deploy/deploy/300_catalyst/301_deploy_catalyst.ts
index 6aac331e00..619b4c2d83 100644
--- a/packages/deploy/deploy/300_catalyst/301_deploy_catalyst.ts
+++ b/packages/deploy/deploy/300_catalyst/301_deploy_catalyst.ts
@@ -31,7 +31,8 @@ const func: DeployFunction = async function (
   await deploy('Catalyst', {
     from: deployer,
     log: true,
-    contract: '@sandbox-smart-contracts/asset/contracts/Catalyst.sol:Catalyst',
+    contract:
+      '@sandbox-smart-contracts/asset-1.0.3/contracts/Catalyst.sol:Catalyst',
     proxy: {
       owner: upgradeAdmin,
       proxyContract: 'OpenZeppelinTransparentProxy',
diff --git a/packages/deploy/deploy/300_catalyst/303_catalyst_upgrade-v2.ts b/packages/deploy/deploy/300_catalyst/303_catalyst_upgrade-v2.ts
new file mode 100644
index 0000000000..8e33642291
--- /dev/null
+++ b/packages/deploy/deploy/300_catalyst/303_catalyst_upgrade-v2.ts
@@ -0,0 +1,25 @@
+import {DeployFunction} from 'hardhat-deploy/types';
+import {HardhatRuntimeEnvironment} from 'hardhat/types';
+
+const func: DeployFunction = async function (
+  hre: HardhatRuntimeEnvironment
+): Promise<void> {
+  const {deployments, getNamedAccounts} = hre;
+  const {deploy} = deployments;
+
+  const {deployer, upgradeAdmin} = await getNamedAccounts();
+
+  await deploy('Catalyst', {
+    from: deployer,
+    log: true,
+    contract: '@sandbox-smart-contracts/asset/contracts/Catalyst.sol:Catalyst',
+    proxy: {
+      owner: upgradeAdmin,
+      proxyContract: 'OpenZeppelinTransparentProxy',
+      upgradeIndex: 1,
+    },
+  });
+};
+export default func;
+func.tags = ['Catalyst_upgrade'];
+func.dependencies = ['Catalyst_deploy', 'Catalyst_setup'];
diff --git a/packages/deploy/deploy/400_asset/402_deploy_asset.ts b/packages/deploy/deploy/400_asset/402_deploy_asset.ts
index 0e4cc5392c..562c55ebde 100644
--- a/packages/deploy/deploy/400_asset/402_deploy_asset.ts
+++ b/packages/deploy/deploy/400_asset/402_deploy_asset.ts
@@ -14,7 +14,7 @@ const func: DeployFunction = async function (hre: HardhatRuntimeEnvironment) {
 
   await deploy('Asset', {
     from: deployer,
-    contract: '@sandbox-smart-contracts/asset/contracts/Asset.sol:Asset',
+    contract: '@sandbox-smart-contracts/asset-1.0.3/contracts/Asset.sol:Asset',
     proxy: {
       owner: upgradeAdmin,
       proxyContract: 'OpenZeppelinTransparentProxy',
diff --git a/packages/deploy/deploy/400_asset/408_asset_upgrade-v2.ts b/packages/deploy/deploy/400_asset/408_asset_upgrade-v2.ts
new file mode 100644
index 0000000000..9e70c55d89
--- /dev/null
+++ b/packages/deploy/deploy/400_asset/408_asset_upgrade-v2.ts
@@ -0,0 +1,23 @@
+import {HardhatRuntimeEnvironment} from 'hardhat/types';
+import {DeployFunction} from 'hardhat-deploy/types';
+
+const func: DeployFunction = async function (hre: HardhatRuntimeEnvironment) {
+  const {deployments, getNamedAccounts} = hre;
+  const {deploy} = deployments;
+  const {deployer, upgradeAdmin} = await getNamedAccounts();
+
+  await deploy('Asset', {
+    from: deployer,
+    contract: '@sandbox-smart-contracts/asset/contracts/Asset.sol:Asset',
+    proxy: {
+      owner: upgradeAdmin,
+      proxyContract: 'OpenZeppelinTransparentProxy',
+      upgradeIndex: 1,
+    },
+    log: true,
+  });
+};
+export default func;
+
+func.tags = ['Asset_upgrade'];
+func.dependencies = ['Asset_deploy', 'Asset_setup'];
diff --git a/packages/deploy/hardhat.config.ts b/packages/deploy/hardhat.config.ts
index 7f2a36af1c..a65edb1f9a 100644
--- a/packages/deploy/hardhat.config.ts
+++ b/packages/deploy/hardhat.config.ts
@@ -14,6 +14,10 @@ import './tasks/importedPackages';
 // Package name : solidity source code path
 const importedPackages = {
   '@sandbox-smart-contracts/asset': 'contracts/',
+  '@sandbox-smart-contracts/asset-1.0.3': [
+    'contracts/Asset.sol',
+    'contracts/Catalyst.sol',
+  ],
   '@sandbox-smart-contracts/giveaway': 'contracts/SignedMultiGiveaway.sol',
   '@sandbox-smart-contracts/faucets': 'contracts/FaucetsERC1155.sol',
   '@sandbox-smart-contracts/marketplace': [
diff --git a/packages/deploy/package.json b/packages/deploy/package.json
index 981c29aba0..7946a0b9df 100644
--- a/packages/deploy/package.json
+++ b/packages/deploy/package.json
@@ -16,6 +16,7 @@
     "private": true,
     "dependencies": {
         "@sandbox-smart-contracts/asset": "*",
+        "@sandbox-smart-contracts/asset-1.0.3": "npm:@sandbox-smart-contracts/asset@1.0.3",
         "@sandbox-smart-contracts/core": "*",
         "@sandbox-smart-contracts/dependency-operator-filter": "*",
         "@sandbox-smart-contracts/dependency-royalty-management": "*",
diff --git a/yarn.lock b/yarn.lock
index c51c579b8a..1aa88b76e6 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2154,6 +2154,21 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@sandbox-smart-contracts/asset-1.0.3@npm:@sandbox-smart-contracts/asset@1.0.3":
+  version: 1.0.3
+  resolution: "@sandbox-smart-contracts/asset@npm:1.0.3"
+  dependencies:
+    "@manifoldxyz/libraries-solidity": ^1.0.4
+    "@manifoldxyz/royalty-registry-solidity": ^2.0.3
+    "@openzeppelin/contracts": 4.9.3
+    "@openzeppelin/contracts-upgradeable": 4.9.3
+    "@sandbox-smart-contracts/dependency-metatx": 1.0.1
+    "@sandbox-smart-contracts/dependency-operator-filter": 1.0.1
+    "@sandbox-smart-contracts/dependency-royalty-management": 1.0.2
+  checksum: bbf63b91b98bf694fd68592d7f35a5aacafb2bfd67243352f27b4bf062dc17c13509c480571077cadc451059c15587029145caece2814495d69cd5241e82f6db
+  languageName: node
+  linkType: hard
+
 "@sandbox-smart-contracts/asset@*, @sandbox-smart-contracts/asset@workspace:packages/asset":
   version: 0.0.0-use.local
   resolution: "@sandbox-smart-contracts/asset@workspace:packages/asset"
@@ -2411,6 +2426,7 @@ __metadata:
     "@nomiclabs/hardhat-ethers": ^2.2.3
     "@openzeppelin/hardhat-upgrades": ^2.5.0
     "@sandbox-smart-contracts/asset": "*"
+    "@sandbox-smart-contracts/asset-1.0.3": "npm:@sandbox-smart-contracts/asset@1.0.3"
     "@sandbox-smart-contracts/core": "*"
     "@sandbox-smart-contracts/dependency-operator-filter": "*"
     "@sandbox-smart-contracts/dependency-royalty-management": "*"