The previous major update to Audacity was Audacity 2.4.2, and the next major update is Audacity 3.0.0. The biggest feature of Audacity 3.0.0 is that the save format of the project has changed.
To export Audacity files as MP3s, you just need to use the "Export" option in the program's "File" menu. Older versions of Audacity can't export MP3s natively, and you'll need to install an add-on ...
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