diff --git a/release_notes.md b/release_notes.md
index 82f1a97..a914627 100644
--- a/release_notes.md
+++ b/release_notes.md
@@ -15,24 +15,8 @@ This file tracks release notes for the loop client.
 ## Next release
 
 #### New Features
-* Autoloop can now be configured on a per-peer basis, rather than only on an
-  individual channel level. This change allows desired liquidity thresholds 
-  to be set for an individual peer, rather than a specific channel, and 
-  leverages multi-loop-out to more efficiently manage liquidity. To configure
-  peer-level rules, provide the 'setrule' command with the peer's pubkey. 
-* Autoloop's fee API has been simplified to allow setting a single percentage
-  which will be used to limit total swap fees to a percentage of the amount 
-  being swapped, the default budget has been updated to reflect this. Use 
-  `loop setparams --feepercent={percentage}` to update this value. This fee 
-  setting has been updated to the default for autoloop.
-* The default confirmation target for automated loop out swap sweeps has been
-  increased to 100 blocks. This change will not affect the time it takes to 
-  acquire inbound liquidity, but will decrease the cost of swaps.
+
 
 #### Breaking Changes
 
 #### Bug Fixes
-* The loop dockerfile has been updated to use the `make` command so that the
-  latest commit hash of the code being run will be included in `loopd`.
-* A bug where loop in on-chain fees were not recorded properly has been 
-  addressed.
diff --git a/version.go b/version.go
index 72db413..61a9b3a 100644
--- a/version.go
+++ b/version.go
@@ -26,8 +26,8 @@ const semanticAlphabet = "0123456789ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqr
 const (
 	// Note: please update release_notes.md when you change these values.
 	appMajor uint = 0
-	appMinor uint = 11
-	appPatch uint = 4
+	appMinor uint = 12
+	appPatch uint = 0
 
 	// appPreRelease MUST only contain characters from semanticAlphabet per
 	// the semantic versioning spec.