diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4c2a7d6..324eae0 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,18 @@ and this project adheres to
 
 ## [Unreleased]
 
+## [v2.0.0] - 2024-09-09
+
+### Chore
+
+- Updated many dependencies of this library. See the package.json diff for
+  details.
+
+### Breaking
+
+- `@faker-js/faker` is now a peer dependency and is required to be installed by
+  consuming projects if that functionality is used.
+
 ## [v1.3.1] - 2024-02-08
 
 ### Fixed
diff --git a/README.md b/README.md
index 4de911e..0b2ec7c 100644
--- a/README.md
+++ b/README.md
@@ -101,6 +101,9 @@ for installation via [yarn][yarn]
 yarn add --dev @wayfair/gqmock
 ```
 
+NOTE: If you plan on using the `fakerConfig` functionality of this library, you
+must also install the `@faker-js/faker` dev dependency.
+
 ## Library API
 
 ### `GraphqlMockingService`
diff --git a/package.json b/package.json
index efa51a9..0b45435 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@wayfair/gqmock",
-  "version": "1.3.1",
+  "version": "2.0.0",
   "description": "GQMock - GraphQL Mocking Service",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",