diff --git a/CHANGELOG.md b/CHANGELOG.md
index 554b8c982..824ca01b4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,28 @@
+## OpenEthereum v3.2.2-rc.1
+
+Bug fixes:
+* Backport: Block sync stopped without any errors. #277 (#286)
+* Strict memory order (#306)
+
+Enhancements:
+* Executable queue for ancient blocks inclusion (#208)
+* Backport AuRa commits for xdai (#330)
+* Add Nethermind to clients that accept service transactions (#324)
+* Implement the filter argument in parity_pendingTransactions (#295) 
+* Ethereum-types and various libs upgraded (#315)
+* Bump ethereum/tests to v8.0.2
+* [evmbin] Omit storage output, now for std-json (#311)
+* Freeze pruning while creating snapshot (#205)
+* AuRa multi block reward (#290)
+* Improved metrics. DB read/write. prometheus prefix config (#240)
+* Send RLPx auth in EIP-8 format (#287)
+* rpc module reverted for RPC JSON api (#284)
+* Revert "Remove eth/63 protocol version (#252)"
+
+devops:
+* Upgrade docker alpine to `v1.13.2`. for rust `v1.47`.
+* Send SIGTERM instead of SIGHUP to OE daemon (#317)
+
 ## OpenEthereum v3.2.1
 
 Hot fix issue, related to initial sync:
diff --git a/Cargo.lock b/Cargo.lock
index 9be4fe144..bf43a6f2c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2835,7 +2835,7 @@ checksum = "2839e79665f131bdb5782e51f2c6c9599c133c6098982a54c794358bf432529c"
 
 [[package]]
 name = "openethereum"
-version = "3.2.1"
+version = "3.2.2-rc.1"
 dependencies = [
  "ansi_term 0.10.2",
  "atty",
@@ -3191,7 +3191,7 @@ dependencies = [
 
 [[package]]
 name = "parity-version"
-version = "3.2.1"
+version = "3.2.2-rc.1"
 dependencies = [
  "parity-bytes",
  "rlp",
diff --git a/Cargo.toml b/Cargo.toml
index 7829a5ef5..07b8c3e4d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,7 +2,7 @@
 description = "OpenEthereum"
 name = "openethereum"
 # NOTE Make sure to update util/version/Cargo.toml as well
-version = "3.2.1"
+version = "3.2.2-rc.1"
 license = "GPL-3.0"
 authors = [
 	"OpenEthereum developers",
diff --git a/crates/util/version/Cargo.toml b/crates/util/version/Cargo.toml
index 4ff5c3fe5..87e85170b 100644
--- a/crates/util/version/Cargo.toml
+++ b/crates/util/version/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "parity-version"
 # NOTE: this value is used for OpenEthereum version string (via env CARGO_PKG_VERSION)
-version = "3.2.1"
+version = "3.2.2-rc.1"
 authors = ["Parity Technologies <admin@parity.io>"]
 build = "build.rs"