diff --git a/Makefile b/Makefile
index 2aefdea..062c782 100644
--- a/Makefile
+++ b/Makefile
@@ -2,8 +2,8 @@ BRANCH    ?= $(shell git rev-parse --abbrev-ref HEAD)
 BUILDDATE ?= $(shell date -u +%FT%T%z)
 BUILDTS   ?= $(shell date -u +%s)
 REVISION  ?= $(shell git rev-parse HEAD)
-VERSION_DEV := 0.3.9-dev$(shell date +%Y%m%d%H%M)
-VERSION := 0.3.8
+VERSION_DEV := 0.4.0-dev$(shell date +%Y%m%d%H%M)
+VERSION := 0.3.9
 
 PROMETHEUS_TAG := github.com/prometheus/common/version
 KVM_PKG_NAME := github.com/jetkvm/kvm