diff --git a/CHANGELOG.md b/CHANGELOG.md
index ffeb09a531..2ca8de17ae 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,8 +1,21 @@
 # Changelog
 
+## [3.5.0-nightly.1](https://github.com/pypeclub/OpenPype/tree/HEAD)
+
+[Full Changelog](https://github.com/pypeclub/OpenPype/compare/3.4.0...HEAD)
+
+**🚀 Enhancements**
+
+- Loader & Library loader: Use tools from OpenPype [\#2038](https://github.com/pypeclub/OpenPype/pull/2038)
+
 ## [3.4.0](https://github.com/pypeclub/OpenPype/tree/3.4.0) (2021-09-17)
 
-[Full Changelog](https://github.com/pypeclub/OpenPype/compare/3.3.1...3.4.0)
+[Full Changelog](https://github.com/pypeclub/OpenPype/compare/CI/3.4.0-nightly.6...3.4.0)
+
+### 📖 Documentation
+
+- Documentation: Ftrack launch argsuments update [\#2014](https://github.com/pypeclub/OpenPype/pull/2014)
+- Nuke Quick Start / Tutorial [\#1952](https://github.com/pypeclub/OpenPype/pull/1952)
 
 **🆕 New features**
 
@@ -53,15 +66,14 @@
 - Removed deprecated submodules [\#1967](https://github.com/pypeclub/OpenPype/pull/1967)
 - Global: ExtractJpeg can handle filepaths with spaces [\#1961](https://github.com/pypeclub/OpenPype/pull/1961)
 
-### 📖 Documentation
-
-- Documentation: Ftrack launch argsuments update [\#2014](https://github.com/pypeclub/OpenPype/pull/2014)
-- Nuke Quick Start / Tutorial [\#1952](https://github.com/pypeclub/OpenPype/pull/1952)
-
 ## [3.3.1](https://github.com/pypeclub/OpenPype/tree/3.3.1) (2021-08-20)
 
 [Full Changelog](https://github.com/pypeclub/OpenPype/compare/CI/3.3.1-nightly.1...3.3.1)
 
+**🚀 Enhancements**
+
+- Global: Updated logos and Default settings [\#1927](https://github.com/pypeclub/OpenPype/pull/1927)
+
 **🐛 Bug fixes**
 
 - TVPaint: Fixed rendered frame indexes [\#1946](https://github.com/pypeclub/OpenPype/pull/1946)
@@ -82,7 +94,6 @@
 **🚀 Enhancements**
 
 - Python console interpreter [\#1940](https://github.com/pypeclub/OpenPype/pull/1940)
-- Global: Updated logos and Default settings [\#1927](https://github.com/pypeclub/OpenPype/pull/1927)
 - Check for missing ✨ Python when using `pyenv` [\#1925](https://github.com/pypeclub/OpenPype/pull/1925)
 - Settings: Default values for enum [\#1920](https://github.com/pypeclub/OpenPype/pull/1920)
 - Settings UI: Modifiable dict view enhance [\#1919](https://github.com/pypeclub/OpenPype/pull/1919)
@@ -94,7 +105,6 @@
 **🐛 Bug fixes**
 
 - Fix - ftrack family was added incorrectly in some cases [\#1935](https://github.com/pypeclub/OpenPype/pull/1935)
-- Fix - Deadline publish on Linux started Tray instead of headless publishing [\#1930](https://github.com/pypeclub/OpenPype/pull/1930)
 - Maya: Validate Model Name - repair accident deletion in settings defaults [\#1929](https://github.com/pypeclub/OpenPype/pull/1929)
 - Nuke: submit to farm failed due `ftrack` family remove [\#1926](https://github.com/pypeclub/OpenPype/pull/1926)
 - Fix - validate takes repre\["files"\] as list all the time [\#1922](https://github.com/pypeclub/OpenPype/pull/1922)
diff --git a/openpype/version.py b/openpype/version.py
index 2d9c68a032..f8ed9c7c2f 100644
--- a/openpype/version.py
+++ b/openpype/version.py
@@ -1,3 +1,3 @@
 # -*- coding: utf-8 -*-
 """Package declaring Pype version."""
-__version__ = "3.4.0"
+__version__ = "3.5.0-nightly.1"