diff --git a/CHANGELOG.md b/CHANGELOG.md
index c9db6ce8d4..cfdf0845c4 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,9 @@
+# 3.0.1
+### Bugs Fixed
+* Fixed an edge case that would resume an animation when it is not shown.
+* Disable animations when the system animation scale is 0.
+* Fall back to hardware rendering when the animation is too large to create a drawing cache.
+
 # 3.0.0
 ### Features and Improvements
 * **Significant** mask and matte performance improvements by only calling saveLayer() on the intersection bounds of the content and mask/matte.
diff --git a/gradle.properties b/gradle.properties
index e7fcd76052..63b211a6e5 100644
--- a/gradle.properties
+++ b/gradle.properties
@@ -17,7 +17,7 @@
 # http://www.gradle.org/docs/current/userguide/multi_project_builds.html#sec:decoupled_projects
 # org.gradle.parallel=true
 
-VERSION_NAME=3.0.0
+VERSION_NAME=3.0.1
 GROUP=com.airbnb.android
 
 POM_DESCRIPTION=Lottie is an animation library that renders Adobe After Effects animations natively in realtime.