diff --git a/Cargo.lock b/Cargo.lock
index ad2cf57..484eb80 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -423,7 +423,7 @@ dependencies = [
 
 [[package]]
 name = "cw-optimizoor"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "anyhow",
  "binaryen",
diff --git a/Cargo.toml b/Cargo.toml
index 0fea587..aafd569 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "cw-optimizoor"
-version = "0.4.0"
+version = "0.5.0"
 authors = ["Sebastian Mandrean <sebastian.mandrean@gmail.com>"]
 edition = "2021"
 description = "A blazingly fast compiling & optimization tool for CosmWasm smart contracts."
diff --git a/Changelog.md b/Changelog.md
index 47335dd..ee4de42 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,3 +1,9 @@
+<a name="v0.5.0"></a>
+## v0.5.0 (2022-07-25)
+
+
+
+
 <a name="v0.4.0"></a>
 ## v0.4.0 (2022-07-24)