diff --git a/README.md b/README.md
index 8b7eca3..499bff4 100644
--- a/README.md
+++ b/README.md
@@ -165,7 +165,7 @@ sequenceDiagram
 
 Payloads are encoding agnostic, but JSON is RECOMMENDED. For JSON, any fields that contain non-JSON values (such as ECDH public keys and encryption payloads) MUST be serialized as unpadded [Base64].
 
-All payloads MUST include the "AWAKE version" field `awv: "0.1.0"`. Payloads MUST also include a message type field `type` (see each stage for the value). All field keys and message type values MUST be lowercase and treated as case-sensitive.
+All payloads MUST include the "AWAKE version" field `awv: "0.3.0"`. Payloads MUST also include a message type field `type` (see each stage for the value). All field keys and message type values MUST be lowercase and treated as case-sensitive.
 
 # 5. Protocol Steps