diff --git a/Makefile b/Makefile
index cfd0731c0b..84c773637a 100644
--- a/Makefile
+++ b/Makefile
@@ -8,7 +8,7 @@ export GO111MODULE=on
 GithubTop=github.com
 
 
-Version=v1.1.0
+Version=v1.1.1
 CosmosSDK=v0.39.2
 Tendermint=v0.33.9
 Iavl=v0.14.3