diff --git a/CHANGELOG.md b/CHANGELOG.md
index 538ae62f44f..79a937f9855 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -35,6 +35,13 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 ## [Unreleased]
 
+## [v2.0.5] - 2020-01-21
+
+### Improvements
+
+* (sdk) Bump SDK version to [v0.37.6](https://github.com/cosmos/cosmos-sdk/releases/tag/v0.37.6).
+* (tendermint) Bump Tendermint version to [v0.32.9](https://github.com/tendermint/tendermint/releases/tag/v0.32.9).
+
 ## [v2.0.4] - 2020-01-09
 
 ### Improvements
@@ -142,7 +149,8 @@ not rely on the `x/supply` keeper to get module account addresses for blacklisti
 
 <!-- Release links -->
 
-[Unreleased]: https://github.com/cosmos/gaia/compare/v2.0.4...HEAD
+[Unreleased]: https://github.com/cosmos/gaia/compare/v2.0.5...HEAD
+[v2.0.5]: https://github.com/cosmos/gaia/releases/tag/v2.0.5
 [v2.0.4]: https://github.com/cosmos/gaia/releases/tag/v2.0.4
 [v2.0.3]: https://github.com/cosmos/gaia/releases/tag/v2.0.3
 [v2.0.2]: https://github.com/cosmos/gaia/releases/tag/v2.0.2
diff --git a/go.mod b/go.mod
index 5348e225125..997f6f3ccf2 100644
--- a/go.mod
+++ b/go.mod
@@ -4,7 +4,7 @@ go 1.12
 
 require (
 	github.com/btcsuite/btcd v0.0.0-20190523000118-16327141da8c // indirect
-	github.com/cosmos/cosmos-sdk v0.37.5
+	github.com/cosmos/cosmos-sdk v0.37.6
 	github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d // indirect
 	github.com/golang/mock v1.3.1 // indirect
 	github.com/gorilla/mux v1.7.3 // indirect
@@ -25,7 +25,7 @@ require (
 	github.com/spf13/viper v1.6.1
 	github.com/stretchr/testify v1.4.0
 	github.com/tendermint/go-amino v0.15.1
-	github.com/tendermint/tendermint v0.32.8
+	github.com/tendermint/tendermint v0.32.9
 	github.com/tendermint/tm-db v0.2.0
 	golang.org/x/crypto v0.0.0-20190701094942-4def268fd1a4 // indirect
 	golang.org/x/net v0.0.0-20190724013045-ca1201d0de80 // indirect
diff --git a/go.sum b/go.sum
index 99159065a20..13c79225f4c 100644
--- a/go.sum
+++ b/go.sum
@@ -38,8 +38,8 @@ github.com/coreos/go-etcd v2.0.0+incompatible/go.mod h1:Jez6KQU2B/sWsbdaef3ED8Nz
 github.com/coreos/go-semver v0.2.0/go.mod h1:nnelYz7RCh+5ahJtPPxZlU+153eP4D4r3EedlOD2RNk=
 github.com/coreos/go-systemd v0.0.0-20190321100706-95778dfbb74e/go.mod h1:F5haX7vjVVG0kc13fIWeqUViNPyEJxv/OmvnBo0Yme4=
 github.com/coreos/pkg v0.0.0-20180928190104-399ea9e2e55f/go.mod h1:E3G3o1h8I7cfcXa63jLwjI0eiQQMgzzUDFVpN/nH/eA=
-github.com/cosmos/cosmos-sdk v0.37.5 h1:s03HFQ5N2CkiS/nENtACdfCwUUXSn7E5AvkWBk7wNGM=
-github.com/cosmos/cosmos-sdk v0.37.5/go.mod h1:d0WLPdlZyfbfHvFPa+GfWXFxHAiVCpOKp3bDm2YxFN8=
+github.com/cosmos/cosmos-sdk v0.37.6 h1:l7urou9aTPqW/x3Hq+SAWn6OHDzjma+1OVi0TT+O36M=
+github.com/cosmos/cosmos-sdk v0.37.6/go.mod h1:63Y8V75rRDzUrtRUwy+5cBOy5mr6xytI11PBk53tBrE=
 github.com/cosmos/go-bip39 v0.0.0-20180618194314-52158e4697b8/go.mod h1:tSxLoYXyBmiFeKpvmq4dzayMdCjCnu8uqmCysIGBT2Y=
 github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d h1:49RLWk1j44Xu4fjHb6JFYmeUnDORVwHNkDxaQ0ctCVU=
 github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d/go.mod h1:tSxLoYXyBmiFeKpvmq4dzayMdCjCnu8uqmCysIGBT2Y=
@@ -272,8 +272,8 @@ github.com/tendermint/go-amino v0.15.1/go.mod h1:TQU0M1i/ImAo+tYpZi73AU3V/dKeCoM
 github.com/tendermint/iavl v0.12.4 h1:hd1woxUGISKkfUWBA4mmmTwOua6PQZTJM/F0FDrmMV8=
 github.com/tendermint/iavl v0.12.4/go.mod h1:8LHakzt8/0G3/I8FUU0ReNx98S/EP6eyPJkAUvEXT/o=
 github.com/tendermint/tendermint v0.32.1/go.mod h1:jmPDAKuNkev9793/ivn/fTBnfpA9mGBww8MPRNPNxnU=
-github.com/tendermint/tendermint v0.32.8 h1:eOaLJGRi5x/Rb23fiVsxq9c5fZ/6O5QplExlGjNPDVI=
-github.com/tendermint/tendermint v0.32.8/go.mod h1:5/B1XZjNYtVBso8o1l/Eg4A0Mhu42lDcmftoQl95j/E=
+github.com/tendermint/tendermint v0.32.9 h1:++dR46xpBq/yfQx2c5KyrZmb15p2jw9Q5iEtTB82d8s=
+github.com/tendermint/tendermint v0.32.9/go.mod h1:5/B1XZjNYtVBso8o1l/Eg4A0Mhu42lDcmftoQl95j/E=
 github.com/tendermint/tm-db v0.1.1/go.mod h1:0cPKWu2Mou3IlxecH+MEUSYc1Ch537alLe6CpFrKzgw=
 github.com/tendermint/tm-db v0.2.0 h1:rJxgdqn6fIiVJZy4zLpY1qVlyD0TU6vhkT4kEf71TQQ=
 github.com/tendermint/tm-db v0.2.0/go.mod h1:0cPKWu2Mou3IlxecH+MEUSYc1Ch537alLe6CpFrKzgw=