diff --git a/CHANGELOG.md b/CHANGELOG.md
index df1db2b7..59fc0a16 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -28,6 +28,15 @@ Contains bug fixes.
 Contains all the PRs that improved the code without changing the behaviors.
 -->
 
+# v1.0.1-Prerelease 
+
+## Added 
+- Thorchain Claims Proto Updates
+- Documentation of Testnet Setup using local build and Cosmovisor
+
+## Fixed 
+- Testnet binary generation using go build 
+
 # v1.0.0-Prerelease
 
 ## Added 
diff --git a/Makefile b/Makefile
index 1c95a582..59745c76 100644
--- a/Makefile
+++ b/Makefile
@@ -143,7 +143,7 @@ localnet: build-docker
 
 install-testnet-binary:
 	@TAG=testnet $(MAKE) $(TESTNET_BUILD)
-	@sudo cp dist/arkeod-$(BUILD_OS)-$(IMAGE_ARCH)_$(BUILD_OS)_$(IMAGE_ARCH)$(if $(filter amd64,$(IMAGE_ARCH)),_v1)/arkeod /usr/local/bin
+	@cp dist/arkeod-$(BUILD_OS)-$(IMAGE_ARCH)_$(BUILD_OS)_$(IMAGE_ARCH)$(if $(filter amd64,$(IMAGE_ARCH)),_v1)/arkeod $(HOME)/go/bin
 
 testnet-fullnode:
 	@docker run --rm -it -p 1317:1317 -p 26656:26656 -p 26657:26657 -v ./scripts:/scripts --entrypoint /scripts/fullnode.sh ghcr.io/arkeonetwork/arkeo:latest
diff --git a/chain.version b/chain.version
index d00491fd..4dd82360 100644
--- a/chain.version
+++ b/chain.version
@@ -1 +1 @@
-1
+v1.0.1-Prerelease