diff --git a/hadoop-hdds/client/pom.xml b/hadoop-hdds/client/pom.xml
index 38f1f59636..040332e504 100644
--- a/hadoop-hdds/client/pom.xml
+++ b/hadoop-hdds/client/pom.xml
@@ -20,11 +20,11 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
 
   <artifactId>hadoop-hdds-client</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Client Library</description>
   <name>Apache Hadoop HDDS Client</name>
   <packaging>jar</packaging>
diff --git a/hadoop-hdds/common/pom.xml b/hadoop-hdds/common/pom.xml
index 218ef17a73..2385a9ec0c 100644
--- a/hadoop-hdds/common/pom.xml
+++ b/hadoop-hdds/common/pom.xml
@@ -20,16 +20,16 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-hdds-common</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Common</description>
   <name>Apache Hadoop HDDS Common</name>
   <packaging>jar</packaging>
 
   <properties>
-    <hdds.version>0.4.0-SNAPSHOT</hdds.version>
+    <hdds.version>0.5.0-SNAPSHOT</hdds.version>
     <log4j2.version>2.11.0</log4j2.version>
     <disruptor.version>3.4.2</disruptor.version>
     <declared.hdds.version>${hdds.version}</declared.hdds.version>
diff --git a/hadoop-hdds/container-service/pom.xml b/hadoop-hdds/container-service/pom.xml
index cbb3b89501..6d3e8085a9 100644
--- a/hadoop-hdds/container-service/pom.xml
+++ b/hadoop-hdds/container-service/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-hdds-container-service</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Container Service</description>
   <name>Apache Hadoop HDDS Container Service</name>
   <packaging>jar</packaging>
diff --git a/hadoop-hdds/docs/pom.xml b/hadoop-hdds/docs/pom.xml
index 257a72d9c2..3df063633e 100644
--- a/hadoop-hdds/docs/pom.xml
+++ b/hadoop-hdds/docs/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-hdds-docs</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop HDDS/Ozone Documentation</description>
   <name>Apache Hadoop HDDS/Ozone Documentation</name>
   <packaging>jar</packaging>
diff --git a/hadoop-hdds/framework/pom.xml b/hadoop-hdds/framework/pom.xml
index 650442db29..c107eebcd6 100644
--- a/hadoop-hdds/framework/pom.xml
+++ b/hadoop-hdds/framework/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-hdds-server-framework</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Server Framework</description>
   <name>Apache Hadoop HDDS Server Framework</name>
   <packaging>jar</packaging>
diff --git a/hadoop-hdds/pom.xml b/hadoop-hdds/pom.xml
index 6f95547602..9ca65c0921 100644
--- a/hadoop-hdds/pom.xml
+++ b/hadoop-hdds/pom.xml
@@ -25,7 +25,7 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   </parent>
 
   <artifactId>hadoop-hdds</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Project</description>
   <name>Apache Hadoop HDDS</name>
   <packaging>pom</packaging>
@@ -43,7 +43,7 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
 
   <properties>
     <!-- version for hdds/ozone components -->
-    <hdds.version>0.4.0-SNAPSHOT</hdds.version>
+    <hdds.version>0.5.0-SNAPSHOT</hdds.version>
 
     <!-- Apache Ratis version -->
     <ratis.version>0.4.0-5680cf5-SNAPSHOT</ratis.version>
diff --git a/hadoop-hdds/server-scm/pom.xml b/hadoop-hdds/server-scm/pom.xml
index 33534cd4f8..5b3a2af927 100644
--- a/hadoop-hdds/server-scm/pom.xml
+++ b/hadoop-hdds/server-scm/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-hdds-server-scm</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Storage Container Manager Server</description>
   <name>Apache Hadoop HDDS SCM Server</name>
   <packaging>jar</packaging>
diff --git a/hadoop-hdds/tools/pom.xml b/hadoop-hdds/tools/pom.xml
index 3f3a34f0d0..0e39330889 100644
--- a/hadoop-hdds/tools/pom.xml
+++ b/hadoop-hdds/tools/pom.xml
@@ -20,11 +20,11 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-hdds</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
 
   <artifactId>hadoop-hdds-tools</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Distributed Data Store Tools</description>
   <name>Apache Hadoop HDDS Tools</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/client/pom.xml b/hadoop-ozone/client/pom.xml
index 9d9adcbadb..b6f6fb3954 100644
--- a/hadoop-ozone/client/pom.xml
+++ b/hadoop-ozone/client/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-client</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Client</description>
   <name>Apache Hadoop Ozone Client</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/common/pom.xml b/hadoop-ozone/common/pom.xml
index fc8d84ed09..efea791a75 100644
--- a/hadoop-ozone/common/pom.xml
+++ b/hadoop-ozone/common/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-common</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Common</description>
   <name>Apache Hadoop Ozone Common</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/datanode/pom.xml b/hadoop-ozone/datanode/pom.xml
index 0a581d4d9c..c76b9c56b2 100644
--- a/hadoop-ozone/datanode/pom.xml
+++ b/hadoop-ozone/datanode/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-datanode</artifactId>
   <name>Apache Hadoop Ozone Datanode</name>
   <packaging>jar</packaging>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
 
   <dependencies>
     <dependency>
diff --git a/hadoop-ozone/dist/pom.xml b/hadoop-ozone/dist/pom.xml
index d9fc915394..7b30505fdc 100644
--- a/hadoop-ozone/dist/pom.xml
+++ b/hadoop-ozone/dist/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-dist</artifactId>
   <name>Apache Hadoop Ozone Distribution</name>
   <packaging>pom</packaging>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <properties>
     <file.encoding>UTF-8</file.encoding>
     <downloadSources>true</downloadSources>
diff --git a/hadoop-ozone/integration-test/pom.xml b/hadoop-ozone/integration-test/pom.xml
index 5cc6c9eb62..cec8d62414 100644
--- a/hadoop-ozone/integration-test/pom.xml
+++ b/hadoop-ozone/integration-test/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-integration-test</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Integration Tests</description>
   <name>Apache Hadoop Ozone Integration Tests</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/objectstore-service/pom.xml b/hadoop-ozone/objectstore-service/pom.xml
index 7a597fd43a..c543387d1d 100644
--- a/hadoop-ozone/objectstore-service/pom.xml
+++ b/hadoop-ozone/objectstore-service/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-objectstore-service</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Object Store REST Service</description>
   <name>Apache Hadoop Ozone Object Store REST Service</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/ozone-manager/pom.xml b/hadoop-ozone/ozone-manager/pom.xml
index dfeb398ce8..aaee18dcd2 100644
--- a/hadoop-ozone/ozone-manager/pom.xml
+++ b/hadoop-ozone/ozone-manager/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-ozone-manager</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Manager Server</description>
   <name>Apache Hadoop Ozone Manager Server</name>
   <packaging>jar</packaging>
diff --git a/hadoop-ozone/ozone-recon/pom.xml b/hadoop-ozone/ozone-recon/pom.xml
index c8bff4ca89..50ffefa350 100644
--- a/hadoop-ozone/ozone-recon/pom.xml
+++ b/hadoop-ozone/ozone-recon/pom.xml
@@ -18,7 +18,7 @@
   <parent>
     <artifactId>hadoop-ozone</artifactId>
     <groupId>org.apache.hadoop</groupId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <name>Apache Hadoop Ozone Recon</name>
   <modelVersion>4.0.0</modelVersion>
diff --git a/hadoop-ozone/ozonefs-lib-current/pom.xml b/hadoop-ozone/ozonefs-lib-current/pom.xml
index 2fe09cb30d..834d6ea41a 100644
--- a/hadoop-ozone/ozonefs-lib-current/pom.xml
+++ b/hadoop-ozone/ozonefs-lib-current/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-filesystem-lib-current</artifactId>
   <name>Apache Hadoop Ozone FileSystem Single Jar Library</name>
@@ -27,7 +27,7 @@
   <description>This projects creates an uber jar from ozonefs with all the
     dependencies.
   </description>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <properties>
     <file.encoding>UTF-8</file.encoding>
     <downloadSources>true</downloadSources>
diff --git a/hadoop-ozone/ozonefs-lib-legacy/pom.xml b/hadoop-ozone/ozonefs-lib-legacy/pom.xml
index 51e9192139..03d7d6c4e2 100644
--- a/hadoop-ozone/ozonefs-lib-legacy/pom.xml
+++ b/hadoop-ozone/ozonefs-lib-legacy/pom.xml
@@ -19,7 +19,7 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-filesystem-lib-legacy</artifactId>
   <name>Apache Hadoop Ozone FileSystem Legacy Jar Library</name>
@@ -28,7 +28,7 @@
     and loaded by a custom class loader. Can be used together with Hadoop 2.x
   </description>
   <packaging>jar</packaging>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <properties>
     <file.encoding>UTF-8</file.encoding>
     <downloadSources>true</downloadSources>
diff --git a/hadoop-ozone/ozonefs/pom.xml b/hadoop-ozone/ozonefs/pom.xml
index e7354c0b47..a249318ab1 100644
--- a/hadoop-ozone/ozonefs/pom.xml
+++ b/hadoop-ozone/ozonefs/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-filesystem</artifactId>
   <name>Apache Hadoop Ozone FileSystem</name>
   <packaging>jar</packaging>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <properties>
     <file.encoding>UTF-8</file.encoding>
     <downloadSources>true</downloadSources>
diff --git a/hadoop-ozone/pom.xml b/hadoop-ozone/pom.xml
index 77b36321ac..4dcb80e29f 100644
--- a/hadoop-ozone/pom.xml
+++ b/hadoop-ozone/pom.xml
@@ -20,18 +20,18 @@
     <relativePath/>
   </parent>
   <artifactId>hadoop-ozone</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Project</description>
   <name>Apache Hadoop Ozone</name>
   <packaging>pom</packaging>
 
   <properties>
     <hadoop.version>3.2.0</hadoop.version>
-    <hdds.version>0.4.0-SNAPSHOT</hdds.version>
-    <ozone.version>0.4.0-SNAPSHOT</ozone.version>
+    <hdds.version>0.5.0-SNAPSHOT</hdds.version>
+    <ozone.version>0.5.0-SNAPSHOT</ozone.version>
     <ratis.version>0.4.0-5680cf5-SNAPSHOT</ratis.version>
     <bouncycastle.version>1.60</bouncycastle.version>
-    <ozone.release>Badlands</ozone.release>
+    <ozone.release>Crater Lake</ozone.release>
     <declared.ozone.version>${ozone.version}</declared.ozone.version>
     <maven-surefire-plugin.version>3.0.0-M1</maven-surefire-plugin.version>
   </properties>
diff --git a/hadoop-ozone/s3gateway/pom.xml b/hadoop-ozone/s3gateway/pom.xml
index a0c8fe0913..9d95a19145 100644
--- a/hadoop-ozone/s3gateway/pom.xml
+++ b/hadoop-ozone/s3gateway/pom.xml
@@ -19,12 +19,12 @@
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-s3gateway</artifactId>
   <name>Apache Hadoop Ozone S3 Gateway</name>
   <packaging>jar</packaging>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <properties>
     <file.encoding>UTF-8</file.encoding>
     <downloadSources>true</downloadSources>
diff --git a/hadoop-ozone/tools/pom.xml b/hadoop-ozone/tools/pom.xml
index fbc8a7d313..cfbac0c62b 100644
--- a/hadoop-ozone/tools/pom.xml
+++ b/hadoop-ozone/tools/pom.xml
@@ -20,10 +20,10 @@ http://maven.apache.org/xsd/maven-4.0.0.xsd">
   <parent>
     <groupId>org.apache.hadoop</groupId>
     <artifactId>hadoop-ozone</artifactId>
-    <version>0.4.0-SNAPSHOT</version>
+    <version>0.5.0-SNAPSHOT</version>
   </parent>
   <artifactId>hadoop-ozone-tools</artifactId>
-  <version>0.4.0-SNAPSHOT</version>
+  <version>0.5.0-SNAPSHOT</version>
   <description>Apache Hadoop Ozone Tools</description>
   <name>Apache Hadoop Ozone Tools</name>
   <packaging>jar</packaging>