diff --git a/docker-compose.yml b/docker-compose.yml
index f1a37ddcb..d305d1dc1 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -3,7 +3,7 @@ version: '3.2'
 services:
   ipld-eth-db:
     restart: always
-    image: vulcanize/ipld-eth-db:v0.2.0
+    image: vulcanize/ipld-eth-db:v0.3.1
     environment:
       POSTGRES_USER: "vdbm"
       POSTGRES_DB: "vulcanize_public"
@@ -14,4 +14,4 @@ services:
       - "127.0.0.1:5432:5432"
 
 volumes:
-  geth_node:
\ No newline at end of file
+  geth_node:
diff --git a/params/version.go b/params/version.go
index 367fbf8a3..77dfbf312 100644
--- a/params/version.go
+++ b/params/version.go
@@ -21,10 +21,10 @@ import (
 )
 
 const (
-	VersionMajor = 1                  // Major version component of the current release
-	VersionMinor = 10                 // Minor version component of the current release
-	VersionPatch = 11                 // Patch version component of the current release
-	VersionMeta  = "statediff-0.0.27" // Version metadata to append to the version string
+	VersionMajor = 1                 // Major version component of the current release
+	VersionMinor = 10                // Minor version component of the current release
+	VersionPatch = 11                // Patch version component of the current release
+	VersionMeta  = "statediff-0.1.0" // Version metadata to append to the version string
 )
 
 // Version holds the textual version string.