diff --git a/README.md b/README.md
index 73466d48..ca346024 100644
--- a/README.md
+++ b/README.md
@@ -97,7 +97,7 @@ or you can clone the repository and run the tests or build the library yourself.
 <dependency>
     <groupId>org.cardanofoundation</groupId>
     <artifactId>cf-rewards-calculation</artifactId>
-    <version>0.11.1</version>
+    <version>0.12.0</version>
 </dependency>
 ```
 
diff --git a/calculation/pom.xml b/calculation/pom.xml
index 009f9572..289da664 100644
--- a/calculation/pom.xml
+++ b/calculation/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>org.cardanofoundation</groupId>
     <artifactId>cf-rewards-calculation</artifactId>
-    <version>0.11.1</version>
+    <version>0.12.0</version>
     <name>cardano-reward-calculation</name>
     <url>https://github.com/cardano-foundation/cf-java-rewards-calculation.git</url>
 
diff --git a/pom.xml b/pom.xml
index adbad937..2458284c 100644
--- a/pom.xml
+++ b/pom.xml
@@ -4,7 +4,7 @@
     <modelVersion>4.0.0</modelVersion>
     <groupId>org.cardanofoundation</groupId>
     <artifactId>cf-rewards</artifactId>
-    <version>0.11.1</version>
+    <version>0.12.0</version>
     <name>cardano-reward-calculation</name>
     <url>https://github.com/cardano-foundation/cf-java-rewards-calculation.git</url>
 
diff --git a/validation/pom.xml b/validation/pom.xml
index 9052cec6..9c4f49c7 100644
--- a/validation/pom.xml
+++ b/validation/pom.xml
@@ -6,7 +6,7 @@
     <parent>
         <groupId>org.cardanofoundation</groupId>
         <artifactId>cf-rewards</artifactId>
-        <version>0.11.1</version>
+        <version>0.12.0</version>
         <relativePath>../pom.xml</relativePath>
     </parent>