diff --git a/CHANGELOG.md b/CHANGELOG.md
index c3302857..a9acefb9 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -25,6 +25,12 @@ And fixes some small issues:
 * fix(poller): only update last used index for affected keychain.
 * liana-ui: add warning to form::Value.
 
+## 11.1
+
+This release adds some fixes for the liana-gui software:
+
+- fix incorrect path to daemon.toml in liana-gui settings
+- fix checks for whether wallet uses managed bitcoind
 
 ## 11.0
 
diff --git a/Cargo.lock b/Cargo.lock
index 15ab47ae..514d0ac4 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3047,7 +3047,7 @@ dependencies = [
 
 [[package]]
 name = "liana"
-version = "11.0.0"
+version = "12.0.0"
 dependencies = [
  "bdk_coin_select",
  "bip39",
@@ -3070,7 +3070,7 @@ dependencies = [
 
 [[package]]
 name = "liana-gui"
-version = "11.0.0"
+version = "12.0.0"
 dependencies = [
  "async-fd-lock",
  "async-hwi",
@@ -3122,7 +3122,7 @@ dependencies = [
 
 [[package]]
 name = "lianad"
-version = "11.0.0"
+version = "12.0.0"
 dependencies = [
  "backtrace",
  "bdk_electrum",
diff --git a/contrib/release/release.sh b/contrib/release/release.sh
index be005388..4bca7b0f 100755
--- a/contrib/release/release.sh
+++ b/contrib/release/release.sh
@@ -7,7 +7,7 @@
 
 set -ex
 
-VERSION="${VERSION:-"11.0"}"
+VERSION="${VERSION:-"12.0"}"
 LIANA_PREFIX="liana-$VERSION"
 LINUX_DIR_NAME="$LIANA_PREFIX-x86_64-linux-gnu"
 LINUX_ARCHIVE="$LINUX_DIR_NAME.tar.gz"
diff --git a/contrib/release/sign.sh b/contrib/release/sign.sh
index 57213317..a5abe9ed 100755
--- a/contrib/release/sign.sh
+++ b/contrib/release/sign.sh
@@ -3,7 +3,7 @@
 set -e  # Exit immediately if a command exits with a non-zero status
 set -x  # Print commands and their arguments as they are executed
 
-VERSION="${VERSION:-"11.0"}"
+VERSION="${VERSION:-"12.0"}"
 LIANA_PREFIX="liana-$VERSION"
 # Define the release directory
 RELEASE_DIR="$PWD/release_assets"
diff --git a/liana-gui/Cargo.toml b/liana-gui/Cargo.toml
index 026408d2..4e0db657 100644
--- a/liana-gui/Cargo.toml
+++ b/liana-gui/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "liana-gui"
-version = "11.0.0"
+version = "12.0.0"
 readme = "README.md"
 description = "Liana GUI"
 repository = "https://github.com/wizardsardine/liana"
diff --git a/liana-gui/src/lib.rs b/liana-gui/src/lib.rs
index 8271bef8..f815876c 100644
--- a/liana-gui/src/lib.rs
+++ b/liana-gui/src/lib.rs
@@ -20,7 +20,7 @@ pub mod utils;
 use lianad::Version;
 
 pub const VERSION: Version = Version {
-    major: 11,
+    major: 12,
     minor: 0,
 };
 
diff --git a/liana/Cargo.toml b/liana/Cargo.toml
index 2824f9d6..b7b1e06f 100644
--- a/liana/Cargo.toml
+++ b/liana/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "liana"
-version = "11.0.0"
+version = "12.0.0"
 authors = ["Antoine Poinsot <darosior@protonmail.com>"]
 edition = "2018"
 repository = "https://github.com/wizardsardine/liana"
diff --git a/lianad/Cargo.toml b/lianad/Cargo.toml
index b2db1a53..f7adb2ce 100644
--- a/lianad/Cargo.toml
+++ b/lianad/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "lianad"
-version = "11.0.0"
+version = "12.0.0"
 authors = ["Antoine Poinsot <darosior@protonmail.com>"]
 edition = "2018"
 repository = "https://github.com/wizardsardine/liana"
diff --git a/lianad/src/lib.rs b/lianad/src/lib.rs
index a70027d8..d24c2539 100644
--- a/lianad/src/lib.rs
+++ b/lianad/src/lib.rs
@@ -80,7 +80,7 @@ impl fmt::Display for Version {
 }
 
 pub const VERSION: Version = Version {
-    major: 11,
+    major: 12,
     minor: 0,
 };
 
diff --git a/tests/test_rpc.py b/tests/test_rpc.py
index 2a201174..1179761f 100644
--- a/tests/test_rpc.py
+++ b/tests/test_rpc.py
@@ -26,7 +26,7 @@ MAX_DERIV = 2**31 - 1
 def test_getinfo(lianad):
     res = lianad.rpc.getinfo()
     assert "timestamp" in res.keys()
-    assert res["version"] == "11.0-dev"
+    assert res["version"] == "12.0-dev"
     assert res["network"] == "regtest"
     wait_for(lambda: lianad.rpc.getinfo()["block_height"] == 101)
     res = lianad.rpc.getinfo()