diff --git a/.changeset/moody-beds-burn.md b/.changeset/moody-beds-burn.md
new file mode 100644
index 00000000..d3350f33
--- /dev/null
+++ b/.changeset/moody-beds-burn.md
@@ -0,0 +1,5 @@
+---
+"@exactly/protocol": patch
+---
+
+🐛 rewards: fix released calculation
diff --git a/.gas-snapshot b/.gas-snapshot
index 37fb8744..20db46e4 100644
--- a/.gas-snapshot
+++ b/.gas-snapshot
@@ -49,7 +49,7 @@ DebtManagerTest:testFloatingToFixedRollHigherThanAvailableLiquidityWithSlippage(
 DebtManagerTest:testFloatingToFixedRollHigherThanAvailableLiquidityWithSlippageWithThreePools() (gas: 2787984)
 DebtManagerTest:testFloatingToFixedRollWithAccurateSlippage() (gas: 1687218)
 DebtManagerTest:testFloatingToFixedRollWithAccurateSlippageWithPreviousPosition() (gas: 1924341)
-DebtManagerTest:testFuzzRolls(uint8[4],uint8[4],uint256[4],uint40[4],uint8[4]) (runs: 256, μ: 6526945, ~: 6552300)
+DebtManagerTest:testFuzzRolls(uint8[4],uint8[4],uint256[4],uint40[4],uint8[4]) (runs: 256, μ: 6515515, ~: 6559863)
 DebtManagerTest:testLateFixedRoll() (gas: 1310831)
 DebtManagerTest:testLateFixedRollWithThreeLoops() (gas: 1897545)
 DebtManagerTest:testLateFixedToFloatingRoll() (gas: 1273784)
@@ -143,11 +143,11 @@ InterestRateModelTest:testFixedRateRevertUtilizationExceeded() (gas: 2065065)
 InterestRateModelTest:testFloatingBorrowRate() (gas: 2057206)
 InterestRateModelTest:testFuzzFixedRateGrowth(uint256,uint256,uint256,uint256) (runs: 256, μ: 2078748, ~: 2075570)
 InterestRateModelTest:testFuzzFixedRateTimeSensitivity(uint256,uint256,uint256) (runs: 256, μ: 2084820, ~: 2084876)
-InterestRateModelTest:testFuzzReferenceLegacyRateFixed(uint32,uint256,uint256[2],uint256[2],uint256,uint256,uint256) (runs: 256, μ: 10025047, ~: 10193270)
+InterestRateModelTest:testFuzzReferenceLegacyRateFixed(uint32,uint256,uint256[2],uint256[2],uint256,uint256,uint256) (runs: 256, μ: 10025059, ~: 10193282)
 InterestRateModelTest:testFuzzReferenceRateFixed(uint256,uint256,uint256,uint256,uint256,uint256,(uint256,uint256,uint256,uint256,uint256,uint256,uint256,uint256,int256,uint256,uint256)) (runs: 256, μ: 2349173, ~: 2351589)
 InterestRateModelTest:testFuzzReferenceRateFloating(uint256,uint256,(uint256,uint256,uint256,uint256,uint256,uint256,uint256)) (runs: 256, μ: 2287231, ~: 2288127)
 InterestRateModelTest:testMinTimeToMaturity() (gas: 2075220)
-InterestRateModelTest:testRevertMaxUtilizationLowerThanWad() (gas: 267533)
+InterestRateModelTest:testRevertMaxUtilizationLowerThanWad() (gas: 267545)
 MarketTest:testAccountLiquidityAdjustedDebt() (gas: 499440)
 MarketTest:testAnotherUserRedeemWhenOwnerHasShortfall() (gas: 819075)
 MarketTest:testAnotherUserWithdrawWhenOwnerHasShortfall() (gas: 806834)
@@ -190,7 +190,7 @@ MarketTest:testDepositWhenFrozen() (gas: 176471)
 MarketTest:testDistributeMultipleAccumulatedEarnings() (gas: 1382717)
 MarketTest:testDistributionOfLossesShouldReduceFromFloatingBackupBorrowedAccordingly() (gas: 6415331)
 MarketTest:testEarlyRepayLiquidationUnassignedEarnings() (gas: 2063693)
-MarketTest:testEarlyRepaymentWithExcessiveAmountOfFees() (gas: 3419092)
+MarketTest:testEarlyRepaymentWithExcessiveAmountOfFees() (gas: 3419104)
 MarketTest:testEarlyWithdrawFromFreeLunchShouldNotRevertWithFloatingFullUtilization() (gas: 1050081)
 MarketTest:testEmergencyAdminRole() (gas: 317263)
 MarketTest:testEmitFrozen() (gas: 91114)
@@ -228,15 +228,15 @@ MarketTest:testLiquidateWithZeroAsMaxAssets() (gas: 1039143)
 MarketTest:testLiquidationClearingDebtOfAllAccountMarkets() (gas: 3105086)
 MarketTest:testLiquidationResultingInZeroCollateralAndZeroDebt() (gas: 1981047)
 MarketTest:testMaturityInsufficientProtocolLiquidity() (gas: 1464163)
-MarketTest:testMultipleBorrowsForMultipleAssets() (gas: 2463574685)
+MarketTest:testMultipleBorrowsForMultipleAssets() (gas: 2463574733)
 MarketTest:testMultipleDepositsToSmartPool() (gas: 915551)
 MarketTest:testMultipleFixedBorrowsRepays() (gas: 1348281)
 MarketTest:testMultipleLiquidationSameUser() (gas: 2958649)
-MarketTest:testNotEnteredMarketShouldNotBeSeized() (gas: 8600714)
+MarketTest:testNotEnteredMarketShouldNotBeSeized() (gas: 8600726)
 MarketTest:testOnlyAdminCanFreezeUnfreeze() (gas: 207681)
 MarketTest:testOperationsShouldUpdateFloatingAssetsAverage() (gas: 1395087)
-MarketTest:testOperationsWithBtcWbtcRate() (gas: 8302157)
-MarketTest:testOperationsWithStEthAsset() (gas: 8178055)
+MarketTest:testOperationsWithBtcWbtcRate() (gas: 8302169)
+MarketTest:testOperationsWithStEthAsset() (gas: 8178067)
 MarketTest:testPausable() (gas: 158114)
 MarketTest:testPauserRole() (gas: 78206)
 MarketTest:testPreviewOperationsWithSmartPoolCorrectlyAccountingEarnings() (gas: 1976217)
@@ -244,8 +244,8 @@ MarketTest:testRepayAtMaturity() (gas: 586677)
 MarketTest:testRepayDisagreement() (gas: 593998)
 MarketTest:testRepayFlexibleBorrow() (gas: 1076329)
 MarketTest:testRepayWhenFrozen() (gas: 535304)
-MarketTest:testRoundingDownAssetsToValidateShortfallWhenTransferring() (gas: 7561044)
-MarketTest:testRoundingDownAssetsToValidateShortfallWhenTransferringFrom() (gas: 7616373)
+MarketTest:testRoundingDownAssetsToValidateShortfallWhenTransferring() (gas: 7561032)
+MarketTest:testRoundingDownAssetsToValidateShortfallWhenTransferringFrom() (gas: 7616361)
 MarketTest:testRoundingDownAssetsWhenTransferingFromAnAccountWithoutShortfall() (gas: 1030122)
 MarketTest:testRoundingDownAssetsWhenTransferingWithAnAccountWithoutShortfall() (gas: 974777)
 MarketTest:testRoundingUpAllowanceWhenBorrowingAtMaturity() (gas: 845552)
@@ -254,8 +254,8 @@ MarketTest:testSetAssetSymbol() (gas: 54991)
 MarketTest:testSetAssetSymbolNotAdmin() (gas: 66288)
 MarketTest:testSetDampSpeedFactorShouldUpdateFloatingAssetsAverage() (gas: 386872)
 MarketTest:testSetEarningsAccumulatorSmoothFactorShouldDistributeEarnings() (gas: 722371)
-MarketTest:testSetInterestRateModelShouldUpdateFloatingDebt() (gas: 2821252)
-MarketTest:testSetInterestRateModelWithAddressZeroShouldNotUpdateFloatingDebt() (gas: 2582208)
+MarketTest:testSetInterestRateModelShouldUpdateFloatingDebt() (gas: 2821264)
+MarketTest:testSetInterestRateModelWithAddressZeroShouldNotUpdateFloatingDebt() (gas: 2582220)
 MarketTest:testShareValueNotDecreasingAfterDeposit() (gas: 707842)
 MarketTest:testShareValueNotDecreasingWhenMintingToTreasury() (gas: 763178)
 MarketTest:testSingleFloatingBorrow() (gas: 417405)
@@ -292,24 +292,24 @@ PreviewerTest:testAccountsReturningUtilizationForDifferentMaturities() (gas: 418
 PreviewerTest:testAccountsWithAccountOnlyDeposit() (gas: 862391)
 PreviewerTest:testAccountsWithAccountThatHasBalances() (gas: 2265026)
 PreviewerTest:testAccountsWithEmptyAccount() (gas: 690558)
-PreviewerTest:testAccountsWithIntermediateOperationsReturningAccurateAmounts() (gas: 17663691)
-PreviewerTest:testActualTimeBeforeStartDistributionRewards() (gas: 7788417)
-PreviewerTest:testEmptyExactly() (gas: 5668798)
+PreviewerTest:testAccountsWithIntermediateOperationsReturningAccurateAmounts() (gas: 17663715)
+PreviewerTest:testActualTimeBeforeStartDistributionRewards() (gas: 7809786)
+PreviewerTest:testEmptyExactly() (gas: 5690096)
 PreviewerTest:testExactlyReturningInterestRateModelData() (gas: 688149)
-PreviewerTest:testFixedAvailableLiquidityProjectingNewFloatingDebt() (gas: 13347784)
-PreviewerTest:testFixedPoolsA() (gas: 19364529)
+PreviewerTest:testFixedAvailableLiquidityProjectingNewFloatingDebt() (gas: 13347808)
+PreviewerTest:testFixedPoolsA() (gas: 19364553)
 PreviewerTest:testFixedPoolsChangingMaturityInTime() (gas: 1627253)
-PreviewerTest:testFixedPoolsRatesAndUtilizations() (gas: 14861272)
-PreviewerTest:testFixedPoolsWithFloatingAssetsAverage() (gas: 15684496)
-PreviewerTest:testFlexibleAvailableLiquidity() (gas: 17288625)
+PreviewerTest:testFixedPoolsRatesAndUtilizations() (gas: 14861296)
+PreviewerTest:testFixedPoolsWithFloatingAssetsAverage() (gas: 15684520)
+PreviewerTest:testFlexibleAvailableLiquidity() (gas: 17288649)
 PreviewerTest:testFlexibleBorrowSharesAndAssets() (gas: 4401038)
-PreviewerTest:testFloatingAvailableLiquidityProjectingNewFloatingDebt() (gas: 12600522)
+PreviewerTest:testFloatingAvailableLiquidityProjectingNewFloatingDebt() (gas: 12600546)
 PreviewerTest:testFloatingRateAndUtilization() (gas: 1128246)
-PreviewerTest:testJustUpdatedRewardRatesShouldStillReturnRate() (gas: 7198150)
+PreviewerTest:testJustUpdatedRewardRatesShouldStillReturnRate() (gas: 7219492)
 PreviewerTest:testMaxBorrowAssetsCapacity() (gas: 2469700)
-PreviewerTest:testMaxBorrowAssetsCapacityForAccountWithShortfall() (gas: 11038041)
-PreviewerTest:testMaxBorrowAssetsCapacityPerMarket() (gas: 13228166)
-PreviewerTest:testOraclePriceReturningAccurateValues() (gas: 10179881)
+PreviewerTest:testMaxBorrowAssetsCapacityForAccountWithShortfall() (gas: 11038065)
+PreviewerTest:testMaxBorrowAssetsCapacityPerMarket() (gas: 13228190)
+PreviewerTest:testOraclePriceReturningAccurateValues() (gas: 10179905)
 PreviewerTest:testPreviewBorrowAtAllMaturitiesReturningAccurateAmount() (gas: 4240988)
 PreviewerTest:testPreviewBorrowAtMaturityReturningAccurateAmount() (gas: 623350)
 PreviewerTest:testPreviewBorrowAtMaturityReturningAccurateAmountWithIntermediateOperations() (gas: 1954376)
@@ -352,12 +352,12 @@ PreviewerTest:testPreviewWithdrawAtMaturityWithOneUnit() (gas: 251718)
 PreviewerTest:testPreviewWithdrawAtMaturityWithSameTimestamp() (gas: 233406)
 PreviewerTest:testPreviewWithdrawAtMaturityWithZeroAmount() (gas: 251675)
 PreviewerTest:testReserveFactor() (gas: 707280)
-PreviewerTest:testReturnRewardAssetUsdPrice() (gas: 6732312)
-PreviewerTest:testRewardsRateAfterDistributionEnd() (gas: 7504451)
-PreviewerTest:testRewardsRateOnlyWithFixedBorrows() (gas: 6811626)
-PreviewerTest:testRewardsRateWithDifferentRewardLengths() (gas: 19322231)
-PreviewerTest:testRewardsRateWithMarketWithDifferentDecimals() (gas: 18453470)
-PreviewerTest:testRewardsRateX() (gas: 8150986)
+PreviewerTest:testReturnRewardAssetUsdPrice() (gas: 6753659)
+PreviewerTest:testRewardsRateAfterDistributionEnd() (gas: 7525793)
+PreviewerTest:testRewardsRateOnlyWithFixedBorrows() (gas: 6832946)
+PreviewerTest:testRewardsRateWithDifferentRewardLengths() (gas: 19343622)
+PreviewerTest:testRewardsRateWithMarketWithDifferentDecimals() (gas: 18474907)
+PreviewerTest:testRewardsRateX() (gas: 8172399)
 PriceFeedDoubleTest:testPriceFeedDoubleReturningAccurateDecimals() (gas: 632562)
 PriceFeedDoubleTest:testPriceFeedDoubleReturningPrice() (gas: 53190)
 PriceFeedDoubleTest:testPriceFeedDoubleWithActualOnChainValues() (gas: 76310)
@@ -374,69 +374,70 @@ PriceFeedWrapperTest:testPriceFeedWrapperReturningPriceAfterRebase() (gas: 48989
 PriceFeedWrapperTest:testPriceFeedWrapperWithActualOnChainValues() (gas: 75210)
 PriceFeedWrapperTest:testPriceFeedWrapperWithNegativePriceShouldRevert() (gas: 164216)
 PriceFeedWrapperTest:testPriceFeedWrapperWithUsdPriceFeed() (gas: 1278197)
-RewardsControllerTest:testAccrueRewardsForWholeDistributionPeriod() (gas: 1245256)
-RewardsControllerTest:testAccrueRewardsWithBadDebtClearingOfFixedBorrow() (gas: 3338579)
-RewardsControllerTest:testAccrueRewardsWithRepayOfBorrowBalance() (gas: 1602527)
-RewardsControllerTest:testAccrueRewardsWithRepayOfFixedBorrowBalance() (gas: 1791601)
-RewardsControllerTest:testAccrueRewardsWithSeizeOfAllDepositShares() (gas: 1991092)
-RewardsControllerTest:testAfterDistributionPeriodEnd() (gas: 1818279)
-RewardsControllerTest:testAllClaimableUSDCWithAnotherAccountInPool() (gas: 2273354)
-RewardsControllerTest:testAllClaimableUSDCWithDeposit() (gas: 1627706)
-RewardsControllerTest:testAllClaimableUSDCWithFloatingBorrow() (gas: 1560044)
-RewardsControllerTest:testAllClaimableUSDCWithFloatingRefund() (gas: 1667236)
-RewardsControllerTest:testAllClaimableUSDCWithFloatingRepay() (gas: 1673750)
-RewardsControllerTest:testAllClaimableUSDCWithMint() (gas: 1284296)
-RewardsControllerTest:testAllClaimableUSDCWithRedeem() (gas: 1640399)
-RewardsControllerTest:testAllClaimableUSDCWithTransfer() (gas: 2220308)
-RewardsControllerTest:testAllClaimableUSDCWithTransferFrom() (gas: 2135247)
-RewardsControllerTest:testAllClaimableUSDCWithWithdraw() (gas: 1641434)
-RewardsControllerTest:testAllClaimableWETH() (gas: 1247789)
-RewardsControllerTest:testAllClaimableWithMaturedFixedPool() (gas: 1127875)
-RewardsControllerTest:testAllClaimableWithTimeElapsedZero() (gas: 1624639)
-RewardsControllerTest:testClaim() (gas: 1192161)
-RewardsControllerTest:testClaimAll() (gas: 2188738)
-RewardsControllerTest:testClaimMarketWithoutRewards() (gas: 1240983)
-RewardsControllerTest:testClaimWithNotEnabledRewardAsset() (gas: 1222637)
-RewardsControllerTest:testConfigSettingNewStartWithOnGoingDistributionShouldNotUpdate() (gas: 430182)
-RewardsControllerTest:testConfigWithDistributionNotYetStartedShouldNotFail() (gas: 613404)
-RewardsControllerTest:testConfigWithTransitionFactorHigherOrEqThanCap() (gas: 107189)
-RewardsControllerTest:testConfigWithZeroDepositAllocationWeightFactorShouldRevert() (gas: 71542)
-RewardsControllerTest:testDifferentDistributionTimeForDifferentRewards() (gas: 2025649)
-RewardsControllerTest:testEmitAccrue() (gas: 1317916)
-RewardsControllerTest:testEmitClaimRewards() (gas: 1112375)
-RewardsControllerTest:testEmitConfigUpdate() (gas: 439567)
-RewardsControllerTest:testEmitIndexUpdate() (gas: 1445530)
-RewardsControllerTest:testLastUndistributed() (gas: 2189661)
-RewardsControllerTest:testOperationAfterDistributionEnded() (gas: 722976)
-RewardsControllerTest:testOperationsBeforeDistributionStart() (gas: 1674576)
-RewardsControllerTest:testPermitClaim() (gas: 1275282)
-RewardsControllerTest:testSetDistributionConfigWithDifferentDecimals() (gas: 11502722)
-RewardsControllerTest:testSetDistributionOperationShouldUpdateIndex() (gas: 136200)
-RewardsControllerTest:testSetDistributionWithOnGoingMarketOperations() (gas: 1202358)
-RewardsControllerTest:testSetHigherTotalDistribution() (gas: 1831201)
-RewardsControllerTest:testSetLowerAndEqualDistributionPeriodThanCurrentTimestampShouldRevert() (gas: 1274696)
-RewardsControllerTest:testSetLowerAndEqualTotalDistributionThanReleasedShouldRevert() (gas: 1267721)
-RewardsControllerTest:testSetLowerDistributionPeriod() (gas: 2284176)
-RewardsControllerTest:testSetLowerDistributionPeriodAndLowerTotalDistribution() (gas: 2286901)
-RewardsControllerTest:testSetLowerTotalDistribution() (gas: 1831114)
-RewardsControllerTest:testSetNewDistributionPeriod() (gas: 3143972)
-RewardsControllerTest:testSetNewDistributionPeriodAfterDistributionEnds() (gas: 1406666)
-RewardsControllerTest:testSetNewTargetDebt() (gas: 1671525)
-RewardsControllerTest:testSetNewTargetDebtAfterDistributionEnds() (gas: 1734966)
-RewardsControllerTest:testSetNewTargetDebtWithClaimOnlyAtEnd() (gas: 1389661)
-RewardsControllerTest:testSetNewTreasuryFeeShouldImpactAllocation() (gas: 658882)
-RewardsControllerTest:testSetTargetDebtMultipleTimes() (gas: 2719324)
-RewardsControllerTest:testSetTargetDebtMultipleTimesAfterEnd() (gas: 2756094)
-RewardsControllerTest:testSetTotalDistributionMultipleTimes() (gas: 1838222)
-RewardsControllerTest:testTriggerHandleBorrowHookBeforeUpdatingFloatingDebt() (gas: 1879339)
-RewardsControllerTest:testUpdateConfig() (gas: 1328855)
-RewardsControllerTest:testUpdateIndexesWithUtilizationEqualToOne() (gas: 1257771)
-RewardsControllerTest:testUpdateIndexesWithUtilizationHigherThanOne() (gas: 1352512)
-RewardsControllerTest:testUpdateWithTotalDebtZeroShouldUpdateLastUndistributed() (gas: 575506)
-RewardsControllerTest:testUtilizationEqualZero() (gas: 921863)
-RewardsControllerTest:testWithTwelveFixedPools() (gas: 8055024)
+RewardsControllerTest:testAccrueRewardsForWholeDistributionPeriod() (gas: 1245322)
+RewardsControllerTest:testAccrueRewardsWithBadDebtClearingOfFixedBorrow() (gas: 3338667)
+RewardsControllerTest:testAccrueRewardsWithRepayOfBorrowBalance() (gas: 1602615)
+RewardsControllerTest:testAccrueRewardsWithRepayOfFixedBorrowBalance() (gas: 1791645)
+RewardsControllerTest:testAccrueRewardsWithSeizeOfAllDepositShares() (gas: 1991114)
+RewardsControllerTest:testAfterDistributionPeriodEnd() (gas: 1818322)
+RewardsControllerTest:testAllClaimableUSDCWithAnotherAccountInPool() (gas: 2274252)
+RewardsControllerTest:testAllClaimableUSDCWithDeposit() (gas: 1628756)
+RewardsControllerTest:testAllClaimableUSDCWithFloatingBorrow() (gas: 1560744)
+RewardsControllerTest:testAllClaimableUSDCWithFloatingRefund() (gas: 1667674)
+RewardsControllerTest:testAllClaimableUSDCWithFloatingRepay() (gas: 1674188)
+RewardsControllerTest:testAllClaimableUSDCWithMint() (gas: 1284996)
+RewardsControllerTest:testAllClaimableUSDCWithRedeem() (gas: 1640815)
+RewardsControllerTest:testAllClaimableUSDCWithTransfer() (gas: 2221471)
+RewardsControllerTest:testAllClaimableUSDCWithTransferFrom() (gas: 2136365)
+RewardsControllerTest:testAllClaimableUSDCWithWithdraw() (gas: 1641850)
+RewardsControllerTest:testAllClaimableWETH() (gas: 1248402)
+RewardsControllerTest:testAllClaimableWithMaturedFixedPool() (gas: 1128007)
+RewardsControllerTest:testAllClaimableWithTimeElapsedZero() (gas: 1624747)
+RewardsControllerTest:testClaim() (gas: 1192249)
+RewardsControllerTest:testClaimAll() (gas: 2188892)
+RewardsControllerTest:testClaimMarketWithoutRewards() (gas: 1241017)
+RewardsControllerTest:testClaimWithNotEnabledRewardAsset() (gas: 1222725)
+RewardsControllerTest:testConfigSettingNewStartWithOnGoingDistributionShouldNotUpdate() (gas: 430252)
+RewardsControllerTest:testConfigWithDistributionNotYetStartedShouldNotFail() (gas: 613248)
+RewardsControllerTest:testConfigWithTransitionFactorHigherOrEqThanCap() (gas: 107077)
+RewardsControllerTest:testConfigWithZeroDepositAllocationWeightFactorShouldRevert() (gas: 71475)
+RewardsControllerTest:testDifferentDistributionTimeForDifferentRewards() (gas: 2025778)
+RewardsControllerTest:testEmitAccrue() (gas: 1317982)
+RewardsControllerTest:testEmitClaimRewards() (gas: 1112419)
+RewardsControllerTest:testEmitConfigUpdate() (gas: 439411)
+RewardsControllerTest:testEmitIndexUpdate() (gas: 1445640)
+RewardsControllerTest:testLastUndistributed() (gas: 2189926)
+RewardsControllerTest:testOperationAfterDistributionEnded() (gas: 723020)
+RewardsControllerTest:testOperationsBeforeDistributionStart() (gas: 1674553)
+RewardsControllerTest:testPermitClaim() (gas: 1275326)
+RewardsControllerTest:testSetDistributionConfigWithDifferentDecimals() (gas: 11502865)
+RewardsControllerTest:testSetDistributionOperationShouldUpdateIndex() (gas: 136066)
+RewardsControllerTest:testSetDistributionWithOnGoingMarketOperations() (gas: 1202335)
+RewardsControllerTest:testSetHigherTotalDistribution() (gas: 1831337)
+RewardsControllerTest:testSetLowerAndEqualDistributionPeriodThanCurrentTimestampShouldRevert() (gas: 1274818)
+RewardsControllerTest:testSetLowerAndEqualTotalDistributionThanReleasedShouldRevert() (gas: 1267821)
+RewardsControllerTest:testSetLowerDistributionPeriod() (gas: 2284312)
+RewardsControllerTest:testSetLowerDistributionPeriodAndLowerTotalDistribution() (gas: 2287059)
+RewardsControllerTest:testSetLowerTotalDistribution() (gas: 1831250)
+RewardsControllerTest:testSetNewDistributionPeriod() (gas: 3144152)
+RewardsControllerTest:testSetNewDistributionPeriodAfterDistributionEnds() (gas: 1406553)
+RewardsControllerTest:testSetNewTargetDebt() (gas: 1671639)
+RewardsControllerTest:testSetNewTargetDebtAfterDistributionEnds() (gas: 1735009)
+RewardsControllerTest:testSetNewTargetDebtWithClaimOnlyAtEnd() (gas: 1389753)
+RewardsControllerTest:testSetNewTreasuryFeeShouldImpactAllocation() (gas: 658948)
+RewardsControllerTest:testSetTargetDebtMultipleTimes() (gas: 2719552)
+RewardsControllerTest:testSetTargetDebtMultipleTimesAfterEnd() (gas: 2756047)
+RewardsControllerTest:testSetTotalDistributionMultipleTimes() (gas: 1838384)
+RewardsControllerTest:testTriggerHandleBorrowHookBeforeUpdatingFloatingDebt() (gas: 1879494)
+RewardsControllerTest:testUpdateConfig() (gas: 1328946)
+RewardsControllerTest:testUpdateConfigIncreaseRewardDistribution() (gas: 405501)
+RewardsControllerTest:testUpdateIndexesWithUtilizationEqualToOne() (gas: 1257815)
+RewardsControllerTest:testUpdateIndexesWithUtilizationHigherThanOne() (gas: 1352623)
+RewardsControllerTest:testUpdateWithTotalDebtZeroShouldUpdateLastUndistributed() (gas: 575527)
+RewardsControllerTest:testUtilizationEqualZero() (gas: 921840)
+RewardsControllerTest:testWithTwelveFixedPools() (gas: 8055310)
 RewardsControllerTest:testWithdrawAllRewardBalance() (gas: 71913)
-RewardsControllerTest:testWithdrawOnlyAdminRole() (gas: 122309)
+RewardsControllerTest:testWithdrawOnlyAdminRole() (gas: 122331)
 SwapperTest:testSwapBasic() (gas: 216831)
 SwapperTest:testSwapWithAllowance() (gas: 481530)
 SwapperTest:testSwapWithInaccurateSlippageSendsETHToAccount() (gas: 297968)
diff --git a/contracts/RewardsController.sol b/contracts/RewardsController.sol
index 9b7b064f..3e8c4c47 100644
--- a/contracts/RewardsController.sol
+++ b/contracts/RewardsController.sol
@@ -227,6 +227,14 @@ contract RewardsController is Initializable, AccessControlUpgradeable {
     return (rewardData.start, rewardData.end, rewardData.lastUpdate);
   }
 
+  /// @notice Gets the release reward rate of a given market and reward.
+  /// @param market The market to get the release rate.
+  /// @param reward The reward asset.
+  /// @return The release reward rate.
+  function releaseRate(Market market, ERC20 reward) external view returns (uint256) {
+    return distribution[market].rewards[reward].releaseRate;
+  }
+
   /// @notice Retrieves all rewards addresses.
   function allRewards() external view returns (ERC20[] memory) {
     return rewardList;
@@ -501,7 +509,7 @@ contract RewardsController is Initializable, AccessControlUpgradeable {
     }
     uint256 rewards;
     {
-      uint256 releaseRate = rewardData.releaseRate;
+      uint256 rate = rewardData.releaseRate;
       uint256 lastUndistributed = rewardData.lastUndistributed;
       t.period = t.end - t.start;
       uint256 distributionFactor = t.period > 0
@@ -512,11 +520,11 @@ contract RewardsController is Initializable, AccessControlUpgradeable {
           uint256 exponential = uint256((-int256(distributionFactor * deltaTime)).expWad());
           newUndistributed =
             lastUndistributed.mulWadDown(exponential) +
-            releaseRate.mulDivDown(1e18 - target, distributionFactor).mulWadUp(1e18 - exponential);
+            rate.mulDivDown(1e18 - target, distributionFactor).mulWadUp(1e18 - exponential);
         } else {
-          newUndistributed = lastUndistributed + releaseRate.mulWadDown(1e18 - target) * deltaTime;
+          newUndistributed = lastUndistributed + rate.mulWadDown(1e18 - target) * deltaTime;
         }
-        rewards = uint256(int256(releaseRate * deltaTime) - (int256(newUndistributed) - int256(lastUndistributed)));
+        rewards = uint256(int256(rate * deltaTime) - (int256(newUndistributed) - int256(lastUndistributed)));
       } else if (rewardData.lastUpdate > t.end) {
         newUndistributed =
           lastUndistributed -
@@ -529,13 +537,13 @@ contract RewardsController is Initializable, AccessControlUpgradeable {
           exponential = uint256((-int256(distributionFactor * deltaTime)).expWad());
           newUndistributed =
             lastUndistributed.mulWadDown(exponential) +
-            releaseRate.mulDivDown(1e18 - target, distributionFactor).mulWadUp(1e18 - exponential);
+            rate.mulDivDown(1e18 - target, distributionFactor).mulWadUp(1e18 - exponential);
         } else {
-          newUndistributed = lastUndistributed + releaseRate.mulWadDown(1e18 - target) * deltaTime;
+          newUndistributed = lastUndistributed + rate.mulWadDown(1e18 - target) * deltaTime;
         }
         exponential = uint256((-int256(distributionFactor * (block.timestamp - t.end))).expWad());
         newUndistributed = newUndistributed - newUndistributed.mulWadUp(1e18 - exponential);
-        rewards = uint256(int256(releaseRate * deltaTime) - (int256(newUndistributed) - int256(lastUndistributed)));
+        rewards = uint256(int256(rate * deltaTime) - (int256(newUndistributed) - int256(lastUndistributed)));
       }
       if (rewards == 0) return (rewardData.borrowIndex, rewardData.depositIndex, newUndistributed);
     }
@@ -678,7 +686,7 @@ contract RewardsController is Initializable, AccessControlUpgradeable {
             released =
               rewardData.lastConfigReleased +
               rewardData.releaseRate *
-              (block.timestamp - rewardData.lastConfig);
+              (block.timestamp - Math.max(rewardData.lastConfig, start));
             elapsed = block.timestamp - start;
             if (configs[i].totalDistribution <= released || configs[i].distributionPeriod <= elapsed) {
               revert InvalidConfig();
diff --git a/test/RewardsController.t.sol b/test/RewardsController.t.sol
index b68fa3f7..3e411a2a 100644
--- a/test/RewardsController.t.sol
+++ b/test/RewardsController.t.sol
@@ -637,6 +637,59 @@ contract RewardsControllerTest is Test {
     assertEq(config.start, 0);
   }
 
+  function testUpdateConfigIncreaseRewardDistribution() external {
+    vm.warp(20 weeks);
+
+    opRewardAsset.mint(address(rewardsController), 4_000 ether);
+    RewardsController.Config[] memory configs = new RewardsController.Config[](1);
+    configs[0] = RewardsController.Config({
+      market: marketUSDC,
+      reward: opRewardAsset,
+      priceFeed: MockPriceFeed(address(0)),
+      targetDebt: 40_000e6,
+      totalDistribution: 4_000 ether,
+      start: uint32(40 weeks),
+      distributionPeriod: 10 weeks,
+      undistributedFactor: 0.5e18,
+      flipSpeed: 2e18,
+      compensationFactor: 0.85e18,
+      transitionFactor: 0.64e18,
+      borrowAllocationWeightFactor: 0,
+      depositAllocationWeightAddend: 0.02e18,
+      depositAllocationWeightFactor: 0.01e18
+    });
+    rewardsController.config(configs);
+
+    uint256 oldReleaseRate = rewardsController.releaseRate(marketUSDC, opRewardAsset);
+
+    vm.warp(42 weeks);
+    opRewardAsset.mint(address(rewardsController), 5_000 ether);
+    configs[0] = RewardsController.Config({
+      market: marketUSDC,
+      reward: opRewardAsset,
+      priceFeed: MockPriceFeed(address(0)),
+      targetDebt: 40_000e6,
+      totalDistribution: 9_000 ether,
+      start: uint32(40 weeks),
+      distributionPeriod: 10 weeks,
+      undistributedFactor: 0.5e18,
+      flipSpeed: 2e18,
+      compensationFactor: 0.85e18,
+      transitionFactor: 0.64e18,
+      borrowAllocationWeightFactor: 0,
+      depositAllocationWeightAddend: 0.02e18,
+      depositAllocationWeightFactor: 0.01e18
+    });
+    rewardsController.config(configs);
+
+    uint256 newReleaseRate = rewardsController.releaseRate(marketUSDC, opRewardAsset);
+
+    assertApproxEqAbs(oldReleaseRate * 10 weeks, 4_000 ether, 1e9);
+    assertApproxEqAbs(oldReleaseRate * 2 weeks, 800 ether, 1e9);
+    assertApproxEqAbs(newReleaseRate * 8 weeks, 8_200 ether, 1e9);
+    assertApproxEqAbs(oldReleaseRate * 2 weeks + newReleaseRate * 8 weeks, 9_000 ether, 1e9);
+  }
+
   function testConfigWithDistributionNotYetStartedShouldNotFail() external {
     RewardsController.Config[] memory configs = new RewardsController.Config[](1);
     configs[0] = RewardsController.Config({