diff --git a/package.json b/package.json
index 6cb99acc7..26d690221 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@makerdao/dai",
-  "version": "0.15.3",
+  "version": "0.16.0",
   "contributors": [
     "Wouter Kampmann <wouter@makerdao.com>",
     "Sean Brennan <sean@makerdao.com>",