diff --git a/docs/changelog.rst b/docs/changelog.rst
index 2f8db62e..0600ca3a 100644
--- a/docs/changelog.rst
+++ b/docs/changelog.rst
@@ -18,6 +18,11 @@ To avail of fixes in an unreleased version, please download a ZIP file
 `directly from GitHub <https://github.com/mitogen-hq/mitogen/>`_.
 
 
+Unreleased
+----------
+
+
+
 v0.3.7 (2024-04-08)
 -------------------
 
diff --git a/mitogen/__init__.py b/mitogen/__init__.py
index d72df040..b63cd0cd 100644
--- a/mitogen/__init__.py
+++ b/mitogen/__init__.py
@@ -35,7 +35,7 @@ be expected. On the slave, it is built dynamically during startup.
 
 
 #: Library version as a tuple.
-__version__ = (0, 3, 7)
+__version__ = (0, 3, 8, 'dev')
 
 
 #: This is :data:`False` in slave contexts. Previously it was used to prevent