diff --git a/CHANGELOG.markdown b/CHANGELOG.markdown
--- a/CHANGELOG.markdown
+++ b/CHANGELOG.markdown
@@ -1,3 +1,7 @@
+0.3
+---
+* Major version bump due to large semantics change in `log-domain`.
+
 0.2.0.1
 -------
 * Wider `generic-deriving` version bounds for GHC HEAD compatibility.
diff --git a/compensated.cabal b/compensated.cabal
--- a/compensated.cabal
+++ b/compensated.cabal
@@ -1,6 +1,6 @@
 name:          compensated
 category:      Numeric
-version:       0.2.0.1
+version:       0.3
 license:       BSD3
 cabal-version: >= 1.8
 license-file:  LICENSE
