diff --git a/params/version.go b/params/version.go
index 5170415e7..64aafe73c 100644
--- a/params/version.go
+++ b/params/version.go
@@ -23,7 +23,7 @@ import (
 const (
 	VersionMajor = 1  // Major version component of the current release
 	VersionMinor = 0  // Minor version component of the current release
-	VersionPatch = 6  // Patch version component of the current release
+	VersionPatch = 7  // Patch version component of the current release
 	VersionMeta  = "" // Version metadata to append to the version string
 )