diff --git a/mix.exs b/mix.exs
index 5f7554e..b47055b 100644
--- a/mix.exs
+++ b/mix.exs
@@ -1,7 +1,7 @@
 defmodule Fernet.Mixfile do
   use Mix.Project
 
-  @version "0.4.0"
+  @version "0.5.0"
 
   def project do
     [