diff --git a/packages/contracts/CHANGELOG.md b/packages/contracts/CHANGELOG.md
index 802cff94c..388f30b1f 100644
--- a/packages/contracts/CHANGELOG.md
+++ b/packages/contracts/CHANGELOG.md
@@ -1,5 +1,11 @@
 # @graphprotocol/contracts
 
+## 6.3.0
+
+### Minor Changes
+
+- Remove restriction that prevented closing allocations older than 1 epoch.
+
 ## 6.2.1
 
 ### Patch Changes
diff --git a/packages/contracts/addresses-staging.json b/packages/contracts/addresses-staging.json
index 8f67d8e2b..11a912d43 100644
--- a/packages/contracts/addresses-staging.json
+++ b/packages/contracts/addresses-staging.json
@@ -134,12 +134,12 @@
       "txHash": "0x5ae51383f5ad1e434a78c2a6d5393d497be315c40287d827c63c4ca48cc66aca",
       "proxy": true,
       "implementation": {
-        "address": "0xC4Cfde877Bc77fD93378D33Ec26330127Ed93bbE",
-        "creationCodeHash": "0x9319aaf6b70b423fa04ad747f004961123e7833b269f69ecff902db13b010fa2",
-        "runtimeCodeHash": "0x9a3f54b5f61709d40a71892f241f61fc72cf95346e5d928f1d699ea57065efc4",
-        "txHash": "0x1e53eadecdb33a8e90e5c9bc3d02d438dd21217c5017b596b3e51f64be4501e2",
+        "address": "0x0a6b1efb7b2e9A27Cf7C5ED1bdF1Bd03bF8F5600",
+        "creationCodeHash": "0x60bc1fda6913ef750a1d931e87068d0f6cd62b8b42a4fff13b304b9c0c278557",
+        "runtimeCodeHash": "0xd8bbd97b94f8ac45a479c55c0416e7b0ebef6a99da8ef7580bebaaad1d8d74d9",
+        "txHash": "0x5d9276e47f3d1fa1fe5c6d826534722aa73d47f5a114e844de73a3cf0cb22d6b",
         "libraries": {
-          "LibExponential": "0x6f6Db03f7F3bBE43669F81FD954Bd083FEdBb4a5"
+          "LibExponential": "0xb7fB963257d4f31F88021d2D7Ee53688e38A0938"
         }
       }
     },
diff --git a/packages/contracts/addresses.json b/packages/contracts/addresses.json
index ae66613a2..076ee8cb0 100644
--- a/packages/contracts/addresses.json
+++ b/packages/contracts/addresses.json
@@ -705,12 +705,12 @@
       "txHash": "0xa33c0d58ddaed7e3f7381a33e3d5f63e39219863019f00d54ce2fd2446076ac7",
       "proxy": true,
       "implementation": {
-        "address": "0x4a886d3E44C7731Dcf888Da704CA5C51ed63DfC8",
-        "creationCodeHash": "0xa9796308a637b0bfe091f32c1019e4db8efe4bab80788c052fa334e6810c3a98",
-        "runtimeCodeHash": "0x19d3491cab54b2aae04d05525a532200e946ce9b55573b58f2e3e1606b4514be",
-        "txHash": "0xc3235306a51c20b28a8b05da69859e03a081a84c9914156c79da07dcc45b3b4e",
+        "address": "0x0Dae36adCbE384a31309269448E09465B2288429",
+        "creationCodeHash": "0x7bd2944ba001c51a42d88f89b10eb894e11be62ee96e76331309ff6a8e9b20ff",
+        "runtimeCodeHash": "0x0808fafef220cfddb64a51f680a18e455d5b7c6b9c0c7aad8f8067f4775dd204",
+        "txHash": "0x6bdee0f03f74df2b7e6141075b06a88b201cbc78a131aa0fe6bb1ef1da1e2dc1",
         "libraries": {
-          "LibExponential": "0x208f638d8804e4ccc874ec39e240feea3dc289ee"
+          "LibExponential": "0x6F436161bBa439FB7D0A6192D22dd8fcE4C26Fb5"
         }
       }
     },
@@ -1146,12 +1146,12 @@
       "txHash": "0x326cf1f2849da4bb4d7e39f2783779e3c99fa48e4ee8ef004cfdd50c62e775df",
       "proxy": true,
       "implementation": {
-        "address": "0xD07dFD514dc1b57020e6C1F49e05c48d0658C99f",
-        "creationCodeHash": "0x6a763345e5f166ea4e73ce9a116a49c9fc0833d9ea235a86fa5a997e91cf09e5",
-        "runtimeCodeHash": "0xb4c31859ac132241f04c802d4add70a94c7f2c6eb9dfd4bf224048d249dbc7bc",
-        "txHash": "0x68b34eda64287b84582c8f005c4e96162252d36c9c5c9b84332336a7c2e3d6d3",
+        "address": "0x64Ed77b164d3B22339DA4DB6d56a1C1d8A051c0A",
+        "creationCodeHash": "0x56a3dd587f3f4ae38dd782e9c35125fa7015c708394950de90bc190204502438",
+        "runtimeCodeHash": "0x9040ccf84a89ba2e7a32eb297f0da148827e7e272b20d9e57b1acf749baa35da",
+        "txHash": "0xbfec14a2dd1a571612076b71b4f2e78ea18f95d7d80e14cd1456ecaa7466db54",
         "libraries": {
-          "LibExponential": "0xd844116f6d79a280b117Bb6d9EBf4121D4e8B44b"
+          "LibExponential": "0x413d16eF53d3dd8b7e769570115ee5419CF77C98"
         }
       }
     },
diff --git a/packages/contracts/audits/OpenZeppelin/2024-02-graph-availability-manager-minimum-allocation-removal.pdf b/packages/contracts/audits/OpenZeppelin/2024-02-graph-availability-manager-minimum-allocation-removal.pdf
new file mode 100644
index 000000000..d41a64e75
Binary files /dev/null and b/packages/contracts/audits/OpenZeppelin/2024-02-graph-availability-manager-minimum-allocation-removal.pdf differ
diff --git a/packages/contracts/contracts/staking/Staking.sol b/packages/contracts/contracts/staking/Staking.sol
index e9da34440..f00097de2 100644
--- a/packages/contracts/contracts/staking/Staking.sol
+++ b/packages/contracts/contracts/staking/Staking.sol
@@ -775,18 +775,18 @@ abstract contract Staking is StakingV4Storage, GraphUpgradeable, IStakingBase, M
         // Get allocation
         Allocation memory alloc = __allocations[_allocationID];
 
-        // Validate that an allocation cannot be closed before one epoch
         alloc.closedAtEpoch = epochManager().currentEpoch();
+
+        // Allocation duration in epochs
         uint256 epochs = MathUtils.diffOrZero(alloc.closedAtEpoch, alloc.createdAtEpoch);
-        require(epochs > 0, "<epochs");
 
         // Indexer or operator can close an allocation
         // Anyone is allowed to close ONLY under two concurrent conditions
         // - After maxAllocationEpochs passed
         // - When the allocation is for non-zero amount of tokens
-        bool isIndexer = _isAuth(alloc.indexer);
+        bool isIndexerOrOperator = _isAuth(alloc.indexer);
         if (epochs <= __maxAllocationEpochs || alloc.tokens == 0) {
-            require(isIndexer, "!auth");
+            require(isIndexerOrOperator, "!auth");
         }
 
         // Close the allocation
@@ -797,7 +797,9 @@ abstract contract Staking is StakingV4Storage, GraphUpgradeable, IStakingBase, M
         // Process non-zero-allocation rewards tracking
         if (alloc.tokens > 0) {
             // Distribute rewards if proof of indexing was presented by the indexer or operator
-            if (isIndexer && _poi != 0) {
+            // and the allocation is at least one epoch old (most indexed chains require the EBO
+            // posting epoch block numbers to produce a valid POI which happens once per epoch)
+            if (isIndexerOrOperator && _poi != 0 && epochs > 0) {
                 _distributeRewards(_allocationID, alloc.indexer);
             } else {
                 _updateRewards(alloc.subgraphDeploymentID);
@@ -821,7 +823,7 @@ abstract contract Staking is StakingV4Storage, GraphUpgradeable, IStakingBase, M
             _allocationID,
             msg.sender,
             _poi,
-            !isIndexer
+            !isIndexerOrOperator
         );
     }
 
diff --git a/packages/contracts/package.json b/packages/contracts/package.json
index 4e95a8f3c..d35c4d33c 100644
--- a/packages/contracts/package.json
+++ b/packages/contracts/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@graphprotocol/contracts",
-  "version": "6.2.1",
+  "version": "6.3.0",
   "description": "Contracts for the Graph Protocol",
   "directories": {
     "test": "test"
diff --git a/packages/contracts/tasks/contract/deploy.ts b/packages/contracts/tasks/contract/deploy.ts
index 3571444d0..33de96863 100644
--- a/packages/contracts/tasks/contract/deploy.ts
+++ b/packages/contracts/tasks/contract/deploy.ts
@@ -1,4 +1,4 @@
-import { confirm, deploy, DeployType, GraphNetworkAddressBook } from '@graphprotocol/sdk'
+import { confirm, deploy, DeployType } from '@graphprotocol/sdk'
 import { greTask } from '@graphprotocol/sdk/gre'
 
 greTask('contract:deploy', 'Deploy a contract')
@@ -37,7 +37,7 @@ greTask('contract:deploy', 'Deploy a contract')
         name: taskArgs.contract,
         args: taskArgs.init?.split(',') || [],
       },
-      new GraphNetworkAddressBook(taskArgs.addressBook, graph.chainId),
+      graph.addressBook,
     )
     console.log(`Contract deployed at ${deployment.contract.address}`)
   })
diff --git a/packages/contracts/test/unit/staking/allocation.test.ts b/packages/contracts/test/unit/staking/allocation.test.ts
index 92afedca4..bd930eaba 100644
--- a/packages/contracts/test/unit/staking/allocation.test.ts
+++ b/packages/contracts/test/unit/staking/allocation.test.ts
@@ -19,6 +19,7 @@ import {
   toGRT,
 } from '@graphprotocol/sdk'
 import { SignerWithAddress } from '@nomiclabs/hardhat-ethers/signers'
+import { IRewardsManager } from '../../../build/types'
 
 const { AddressZero } = constants
 
@@ -93,6 +94,7 @@ describe('Staking:Allocation', () => {
   let epochManager: EpochManager
   let grt: GraphToken
   let staking: IStaking
+  let rewardsManager: IRewardsManager
   let libExponential: LibExponential
 
   // Test values
@@ -375,6 +377,7 @@ describe('Staking:Allocation', () => {
     epochManager = contracts.EpochManager
     grt = contracts.GraphToken as GraphToken
     staking = contracts.Staking as IStaking
+    rewardsManager = contracts.RewardsManager as IRewardsManager
 
     const stakingName = isGraphL1ChainId(graph.chainId) ? 'L1Staking' : 'L2Staking'
     const entry = graph.addressBook.getEntry(stakingName)
@@ -875,9 +878,24 @@ describe('Staking:Allocation', () => {
           await expect(tx).revertedWith('!active')
         })
 
-        it('reject close before at least one epoch has passed', async function () {
+        it('allow close before one epoch has passed', async function () {
+          const currentEpoch = await epochManager.currentEpoch()
+          const beforeAlloc = await staking.getAllocation(allocationID)
+
           const tx = staking.connect(indexer).closeAllocation(allocationID, poi)
-          await expect(tx).revertedWith('<epochs')
+          await expect(tx)
+            .emit(staking, 'AllocationClosed')
+            .withArgs(
+              indexer.address,
+              subgraphDeploymentID,
+              currentEpoch,
+              beforeAlloc.tokens,
+              allocationID,
+              indexer.address,
+              poi,
+              false,
+            )
+          await expect(tx).not.to.emit(rewardsManager, 'RewardsAssigned')
         })
 
         it('reject close if not the owner of allocation', async function () {
@@ -922,7 +940,7 @@ describe('Staking:Allocation', () => {
         it('should close an allocation (by public) only if allocation is non-zero', async function () {
           // Reject to close if public address and under max allocation epochs
           const tx1 = staking.connect(me).closeAllocation(allocationID, poi)
-          await expect(tx1).revertedWith('<epochs')
+          await expect(tx1).revertedWith('!auth')
 
           // Move max allocation epochs to close by delegator
           const maxAllocationEpochs = await staking.maxAllocationEpochs()
diff --git a/packages/sdk/src/deployments/lib/contracts/log.ts b/packages/sdk/src/deployments/lib/contracts/log.ts
index ebc19119b..b087b9b4b 100644
--- a/packages/sdk/src/deployments/lib/contracts/log.ts
+++ b/packages/sdk/src/deployments/lib/contracts/log.ts
@@ -39,6 +39,7 @@ export function logContractDeployReceipt(
   runtimeCodeHash: string,
 ) {
   const msg: string[] = []
+  msg.push(`   = Contract deployed at: ${receipt.contractAddress}`)
   msg.push(`   = CreationCodeHash: ${creationCodeHash}`)
   msg.push(`   = RuntimeCodeHash: ${runtimeCodeHash}`)
   logToConsoleAndFile(msg)