diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2c72871..9be42fc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,17 @@
 # Changelog
 
+## 0.5.0
+### New features
+* Significantly improved the performance through proper virtualization
+
+### Breaking changes
+* Significantly refactored the UI to be fully custom and more in-line with 
+our future design ideas/plans
+
+### Bugs squashed
+N/A
+
+
 ## 0.4.0
 ### New features
 * Improved the performance of the application by combining two network requests into one
diff --git a/package.json b/package.json
index 912ecd2..b914573 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "slack-kaldb-app",
-  "version": "0.4.0",
+  "version": "0.5.0",
   "description": "Grafana KalDB App",
   "scripts": {
     "build": "webpack -c ./.config/webpack/webpack.config.ts --env production",