diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 7e23a4f8..e7ca6139 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.6.3"
+  ".": "0.7.0"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
index f444f2b6..18412e2f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+## [0.7.0](https://github.com/unchained-capital/caravan/compare/caravan-v0.6.3...caravan-v0.7.0) (2023-10-23)
+
+
+### Features
+
+* **hermit:** hermit PSBT signing for pre-product key recovery ([#308](https://github.com/unchained-capital/caravan/issues/308)) ([04ca0ce](https://github.com/unchained-capital/caravan/commit/04ca0ce3ffa2589a00104ecd18cf11768212f470))
+
 ## [0.6.3](https://github.com/unchained-capital/caravan/compare/caravan-v0.6.2...caravan-v0.6.3) (2023-10-18)
 
 
diff --git a/package-lock.json b/package-lock.json
index 562d5317..b424541f 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "caravan",
-  "version": "0.6.3",
+  "version": "0.7.0",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "caravan",
-      "version": "0.6.3",
+      "version": "0.7.0",
       "license": "MIT",
       "dependencies": {
         "@emotion/react": "^11.10.6",
diff --git a/package.json b/package.json
index 342c5389..b0e64d51 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "caravan",
-  "version": "0.6.3",
+  "version": "0.7.0",
   "description": "Unchained Capital's Bitcoin Multisig Application",
   "main": "index.jsx",
   "publicPrivate": true,