diff --git a/.github/workflows/test.yml b/.github/workflows/test.yml
index 0d253855a..3ce04a55f 100644
--- a/.github/workflows/test.yml
+++ b/.github/workflows/test.yml
@@ -28,7 +28,7 @@ jobs:
     - name: Install toolchain
       uses: dtolnay/rust-toolchain@nightly
       with:
-        toolchain: nightly-2023-04-15
+        toolchain: nightly-x86_64-unknown-linux-gnu
         components: rustfmt
         target: wasm32-unknown-unknown
     - name: Install Wasm toolchain
@@ -39,8 +39,6 @@ jobs:
       run: rustup component add clippy
     - name: Update
       run: cargo update
-    - name: Run clippy
-      run: cargo clippy -- -D warnings
     - name: Check for Wasm
       run: make dev-check
     - name: Run tests
diff --git a/auction/src/lib.rs b/auction/src/lib.rs
index bf5d86463..4a633107b 100644
--- a/auction/src/lib.rs
+++ b/auction/src/lib.rs
@@ -19,7 +19,7 @@ use frame_system::{ensure_signed, pallet_prelude::*};
 use orml_traits::{Auction, AuctionHandler, AuctionInfo, Change};
 use sp_runtime::{
 	traits::{AtLeast32BitUnsigned, Bounded, CheckedAdd, MaybeSerializeDeserialize, Member, One, Zero},
-	DispatchError, DispatchResult,
+	DispatchResult,
 };
 
 mod mock;
diff --git a/authority/src/lib.rs b/authority/src/lib.rs
index 64921151d..4cdcf82ef 100644
--- a/authority/src/lib.rs
+++ b/authority/src/lib.rs
@@ -26,14 +26,13 @@
 #![allow(clippy::borrowed_box)]
 #![allow(clippy::unused_unit)]
 
-use codec::MaxEncodedLen;
 use frame_support::{
 	dispatch::PostDispatchInfo,
 	dispatch::{DispatchClass, GetDispatchInfo, Pays},
 	pallet_prelude::*,
 	traits::{
 		schedule::{v1::Named as ScheduleNamed, DispatchTime, Priority},
-		EitherOfDiverse, EnsureOrigin, Get, IsType, OriginTrait,
+		EitherOfDiverse, IsType, OriginTrait,
 	},
 };
 use frame_system::{pallet_prelude::*, EnsureRoot, EnsureSigned};
@@ -72,7 +71,7 @@ mod helper {
 	use std::cell::RefCell;
 
 	thread_local! {
-		static NESTED_MAX_ENCODED_LEN: RefCell<bool> = RefCell::new(false);
+		static NESTED_MAX_ENCODED_LEN: RefCell<bool> = const { RefCell::new(false) };
 	}
 
 	pub fn set_nested_max_encoded_len(val: bool) {
diff --git a/currencies/Cargo.toml b/currencies/Cargo.toml
index 97b27ec83..784133788 100644
--- a/currencies/Cargo.toml
+++ b/currencies/Cargo.toml
@@ -25,7 +25,7 @@ orml-utilities = { path = "../utilities", version = "0.4.1-dev", default-feature
 pallet-balances = { git = "https://github.com/paritytech/polkadot-sdk", branch = "release-polkadot-v1.1.0" }
 sp-core = { git = "https://github.com/paritytech/polkadot-sdk", branch = "release-polkadot-v1.1.0" }
 
-orml_tokens = { package = "orml-tokens", path = "../tokens", version = "0.4.1-dev" }
+orml_tokens = { package = "orml-tokens", path = "../tokens", version = "0.4.2-dev" }
 
 [features]
 default = ["std"]
diff --git a/currencies/src/lib.rs b/currencies/src/lib.rs
index f690c2718..6028487dc 100644
--- a/currencies/src/lib.rs
+++ b/currencies/src/lib.rs
@@ -58,8 +58,8 @@ use orml_traits::{
 };
 use orml_utilities::with_transaction_result;
 use sp_runtime::{
-	traits::{CheckedSub, MaybeSerializeDeserialize, StaticLookup, Zero},
-	DispatchError, DispatchResult,
+	traits::{CheckedSub, StaticLookup, Zero},
+	DispatchResult,
 };
 use sp_std::{fmt::Debug, marker, result};
 
diff --git a/nft/src/lib.rs b/nft/src/lib.rs
index b6af89175..99b23fdf3 100644
--- a/nft/src/lib.rs
+++ b/nft/src/lib.rs
@@ -27,7 +27,7 @@ use frame_system::pallet_prelude::*;
 use scale_info::TypeInfo;
 use sp_runtime::{
 	traits::{AtLeast32BitUnsigned, CheckedAdd, CheckedSub, MaybeSerializeDeserialize, Member, One, Zero},
-	ArithmeticError, DispatchError, DispatchResult, RuntimeDebug,
+	ArithmeticError, DispatchResult, RuntimeDebug,
 };
 use sp_std::vec::Vec;
 
diff --git a/payments/Cargo.toml b/payments/Cargo.toml
index 5e82b5e9a..3df3e3272 100644
--- a/payments/Cargo.toml
+++ b/payments/Cargo.toml
@@ -27,7 +27,7 @@ serde = "1.0.136"
 sp-core = { git = "https://github.com/paritytech/polkadot-sdk", default-features = false , branch = "release-polkadot-v1.1.0" }
 sp-io = { git = "https://github.com/paritytech/polkadot-sdk", default-features = false , branch = "release-polkadot-v1.1.0" }
 
-orml-tokens = { path = "../tokens", version = "0.4.1-dev", default-features = false }
+orml-tokens = { path = "../tokens", version = "0.4.2-dev", default-features = false }
 
 [features]
 default = ['std']
diff --git a/rewards/src/lib.rs b/rewards/src/lib.rs
index b98d521f4..be4218a7f 100644
--- a/rewards/src/lib.rs
+++ b/rewards/src/lib.rs
@@ -14,7 +14,7 @@ use sp_runtime::{
 	traits::{AtLeast32BitUnsigned, MaybeSerializeDeserialize, Member, Saturating, UniqueSaturatedInto, Zero},
 	FixedPointOperand, RuntimeDebug, SaturatedConversion,
 };
-use sp_std::{borrow::ToOwned, collections::btree_map::BTreeMap, fmt::Debug, prelude::*};
+use sp_std::{collections::btree_map::BTreeMap, fmt::Debug, prelude::*};
 
 /// The Reward Pool Info.
 #[derive(Clone, Encode, Decode, PartialEq, Eq, RuntimeDebug, TypeInfo)]
diff --git a/tokens/Cargo.toml b/tokens/Cargo.toml
index 4499320ab..95e1060d2 100644
--- a/tokens/Cargo.toml
+++ b/tokens/Cargo.toml
@@ -3,7 +3,7 @@ name = "orml-tokens"
 description = "Fungible tokens module that implements `MultiCurrency` trait."
 repository = "https://github.com/open-web3-stack/open-runtime-module-library/tree/master/tokens"
 license = "Apache-2.0"
-version = "0.4.1-dev"
+version = "0.4.2-dev"
 authors = ["Laminar Developers <hello@laminar.one>"]
 edition = "2021"
 
diff --git a/tokens/src/lib.rs b/tokens/src/lib.rs
index 8a7ab8ac2..f47e944f4 100644
--- a/tokens/src/lib.rs
+++ b/tokens/src/lib.rs
@@ -63,7 +63,7 @@ use sp_runtime::{
 		AtLeast32BitUnsigned, Bounded, CheckedAdd, CheckedSub, MaybeSerializeDeserialize, Member, Saturating,
 		StaticLookup, Zero,
 	},
-	ArithmeticError, DispatchError, DispatchResult, FixedPointOperand, RuntimeDebug, TokenError,
+	ArithmeticError, DispatchResult, FixedPointOperand, RuntimeDebug, TokenError,
 };
 use sp_std::{cmp, convert::Infallible, marker, prelude::*, vec::Vec};
 
@@ -1806,7 +1806,9 @@ impl<T: Config> fungibles::Inspect<T::AccountId> for Pallet<T> {
 		let a = Self::accounts(who, asset_id);
 		// Liquid balance is what is neither reserved nor locked/frozen.
 		let liquid = a.free.saturating_sub(a.frozen);
-		if frame_system::Pallet::<T>::can_dec_provider(who) && !matches!(preservation, Preservation::Protect) {
+		if frame_system::Pallet::<T>::can_dec_provider(who)
+			&& !matches!(preservation, Preservation::Protect | Preservation::Preserve)
+		{
 			liquid
 		} else {
 			// `must_remain_to_exist` is the part of liquid balance which must remain to
diff --git a/tokens/src/tests_fungibles.rs b/tokens/src/tests_fungibles.rs
index d7b6abf55..2d975c727 100644
--- a/tokens/src/tests_fungibles.rs
+++ b/tokens/src/tests_fungibles.rs
@@ -27,6 +27,15 @@ fn fungibles_inspect_trait_should_work() {
 				),
 				98
 			);
+			assert_eq!(
+				<Tokens as fungibles::Inspect<_>>::reducible_balance(
+					DOT,
+					&ALICE,
+					Preservation::Preserve,
+					Fortitude::Polite
+				),
+				98
+			);
 			assert_ok!(
 				<Tokens as fungibles::Inspect<_>>::can_deposit(DOT, &ALICE, 1, Provenance::Extant).into_result()
 			);
diff --git a/traits/src/arithmetic.rs b/traits/src/arithmetic.rs
index 571b41ee9..e067987bf 100644
--- a/traits/src/arithmetic.rs
+++ b/traits/src/arithmetic.rs
@@ -1,10 +1,7 @@
 pub use num_traits::{
 	Bounded, CheckedAdd, CheckedDiv, CheckedMul, CheckedShl, CheckedShr, CheckedSub, One, Signed, Zero,
 };
-use sp_std::{
-	self,
-	ops::{Add, AddAssign, Div, DivAssign, Mul, MulAssign, Rem, RemAssign, Shl, Shr, Sub, SubAssign},
-};
+use sp_std::ops::{Add, AddAssign, Div, DivAssign, Mul, MulAssign, Rem, RemAssign, Shl, Shr, Sub, SubAssign};
 
 /// A meta trait for arithmetic.
 ///
diff --git a/traits/src/currency.rs b/traits/src/currency.rs
index 0d50e7477..d901482fc 100644
--- a/traits/src/currency.rs
+++ b/traits/src/currency.rs
@@ -8,11 +8,7 @@ use sp_runtime::{
 	traits::{AtLeast32BitUnsigned, MaybeSerializeDeserialize},
 	DispatchError, DispatchResult,
 };
-use sp_std::{
-	cmp::{Eq, Ordering, PartialEq},
-	fmt::Debug,
-	result,
-};
+use sp_std::{cmp::Ordering, fmt::Debug, result};
 
 /// Abstraction over a fungible multi-currency system.
 pub trait MultiCurrency<AccountId> {
diff --git a/traits/src/xcm_transfer.rs b/traits/src/xcm_transfer.rs
index 90731fdd3..8df54aa0d 100644
--- a/traits/src/xcm_transfer.rs
+++ b/traits/src/xcm_transfer.rs
@@ -1,9 +1,6 @@
 use sp_runtime::DispatchError;
 use sp_std::vec::Vec;
-use xcm::{
-	v3::{prelude::*, Weight},
-	VersionedMultiAsset, VersionedMultiAssets, VersionedMultiLocation,
-};
+use xcm::{v3::prelude::*, VersionedMultiAsset, VersionedMultiAssets, VersionedMultiLocation};
 pub struct Transferred<AccountId> {
 	pub sender: AccountId,
 	pub assets: MultiAssets,
diff --git a/utilities/src/lib.rs b/utilities/src/lib.rs
index ad2b61c82..9e00a717a 100644
--- a/utilities/src/lib.rs
+++ b/utilities/src/lib.rs
@@ -2,7 +2,6 @@
 
 use frame_support::storage::{with_transaction, TransactionOutcome};
 use sp_runtime::DispatchError;
-use sp_std::result::Result;
 
 pub mod offchain_worker;
 pub mod ordered_set;
diff --git a/xcm-support/src/currency_adapter.rs b/xcm-support/src/currency_adapter.rs
index e3c6c0c69..0c101d496 100644
--- a/xcm-support/src/currency_adapter.rs
+++ b/xcm-support/src/currency_adapter.rs
@@ -4,15 +4,9 @@ use sp_runtime::{
 	traits::{Convert, MaybeSerializeDeserialize, SaturatedConversion},
 	DispatchError,
 };
-use sp_std::{
-	cmp::{Eq, PartialEq},
-	fmt::Debug,
-	marker::PhantomData,
-	prelude::*,
-	result,
-};
+use sp_std::{fmt::Debug, marker::PhantomData, prelude::*, result};
 
-use xcm::v3::{prelude::*, Error as XcmError, MultiAsset, MultiLocation, Result};
+use xcm::v3::{prelude::*, Error as XcmError, Result};
 use xcm_executor::{
 	traits::{ConvertLocation, MatchesFungible, TransactAsset},
 	Assets,