diff --git a/Makefile b/Makefile
index 6cf61e5..c193957 100644
--- a/Makefile
+++ b/Makefile
@@ -3,7 +3,7 @@
 # To re-generate a bundle for another specific version without changing the standard setup, you can:
 # - use the VERSION as arg of the bundle target (e.g make bundle VERSION=0.0.2)
 # - use environment variables to overwrite this value (e.g export VERSION=0.0.2)
-VERSION ?= v0.11.0
+VERSION ?= v0.12.0
 
 # CHANNELS define the bundle channels used in the bundle.
 # Add a new line here if you would like to change its default config. (E.g CHANNELS = "candidate,fast,stable")
diff --git a/README.md b/README.md
index dcc9047..e584128 100644
--- a/README.md
+++ b/README.md
@@ -60,33 +60,6 @@ Before the next steps, make sure the initial setup for development environment s
 Versioning adheres to the [Semantic Versioning](http://semver.org/) principles.
 A full list of the available release is available in the GitHub repository's [**Release** section](https://github.com/clastix/cluster-api-control-plane-provider-kamaji/releases).
 
-### 📄 Compatibility matrix
-
-The Control Plane provider has several dependencies, such as Cluster API and Kamaji.
-
-The following compatibility matrix is useful to match them according to the Control Plane provider version you're planning to run.
-
-| CP provider | Cluster API            | Kamaji  | TCP API version |
-|-------------|------------------------|---------|-----------------|
-| v0.10.x     | v1.5.x, v1.6.x, v1.7.x | ~v1.0.x | `v1alpha1`      |
-| v0.10.x     | v1.5.x, v1.6.x, v1.7.x | ~v1.0.x | `v1alpha1`      |
-| v0.9.0      | v1.5.x, v1.6.x         | ~v0.6.x | `v1alpha1`      |
-| v0.8.0      | v1.5.x, v1.6.x         | ~v0.5.x | `v1alpha1`      |
-| v0.7.x      | v1.5.x, v1.6.x         | ~v0.4.0 | `v1alpha1`      |
-| v0.6.0      | v1.5.x, v1.6.x         | ~v0.4.0 | `v1alpha1`      |
-| v0.5.0      | v1.5.x                 | ~v0.4.0 | `v1alpha1`      |
-| v0.4.2      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.4.1      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.4.0      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.3.1      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.3.0      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.2.2      | v1.5.x                 | ~v0.3.2 | `v1alpha1`      |
-| v0.2.1      | v1.5.x                 | v0.3.1  | `v1alpha1`      |
-| v0.2.0      | v1.4.x                 | v0.3.x  | `v1alpha1`      |
-| v0.2.0      | v1.4.x                 | v0.3.x  | `v1alpha1`      |
-| v0.1.1      | v1.4.x                 | v0.3.x  | `v1alpha1`      |
-| v0.1.0      | v1.4.x                 | v0.3.x  | `v1alpha1`      |
-
 ### 🤝 Contributions
 
 Contributions are highly appreciated and very welcomed!
@@ -103,6 +76,16 @@ Commits are used to generate the changelog, and their author will be referenced
 The Kamaji Cluster API Control Plane provider is licensed under Apache 2.0.
 The code is provided as-is with no warranties.
 
+### 📄 Kamaji compatibility
+
+As of July 2024, CLASTIX Labs organisation does no longer provide stable release artefacts in favour of [edge releases](https://kamaji.clastix.io/reference/versioning/#edge-releases).
+
+Although CLASTIX Labs strives to provide production-grade artefacts even for edge releases,
+starting from v0.12.0 the Kamaji Cluster API Control Plane provider will not use a stable version pinning in favour of edge releases.
+
+To ensure a perfect compatibility and a production grade implementation between Kamaji and the Cluster API Control Plane provider,
+we suggest getting in touch with CLASTIX Labs to achieve commercial support.
+
 ### 🛟 Commercial Support
 
 [CLASTIX](https://clastix.io/) is the commercial company behind Kamaji and the Cluster API Control Plane provider.
diff --git a/config/control-plane-components.yaml b/config/control-plane-components.yaml
index f791e2b..db102b6 100644
--- a/config/control-plane-components.yaml
+++ b/config/control-plane-components.yaml
@@ -13480,7 +13480,7 @@ spec:
         - --feature-gates=ExternalClusterReference=${CACPPK_EXTERNAL_CLUSTER_REFERENCE:=false},ExternalClusterReferenceCrossNamespace=${CACPPK_EXTERNAL_CLUSTER_REFERENCE_CROSS_NAMESPACE:=false}
         command:
         - /manager
-        image: docker.io/clastix/cluster-api-control-plane-provider-kamaji:v0.11.0
+        image: docker.io/clastix/cluster-api-control-plane-provider-kamaji:v0.12.0
         livenessProbe:
           httpGet:
             path: /healthz
diff --git a/config/manager/kustomization.yaml b/config/manager/kustomization.yaml
index c766ba3..95815e2 100644
--- a/config/manager/kustomization.yaml
+++ b/config/manager/kustomization.yaml
@@ -5,4 +5,4 @@ kind: Kustomization
 images:
 - name: controller
   newName: docker.io/clastix/cluster-api-control-plane-provider-kamaji
-  newTag: v0.11.0
+  newTag: v0.12.0
diff --git a/config/metadata.yaml b/config/metadata.yaml
index 9f2ad1b..ac0c7a2 100644
--- a/config/metadata.yaml
+++ b/config/metadata.yaml
@@ -5,6 +5,9 @@
 # update this file only when a new major or minor version is released
 apiVersion: clusterctl.cluster.x-k8s.io/v1alpha3
 releaseSeries:
+  - major: 0
+    minor: 12
+    contract: v1beta1
   - major: 0
     minor: 11
     contract: v1beta1