diff --git a/Cargo.lock b/Cargo.lock
index d39f4c6e..54a11f3a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3736,7 +3736,7 @@ dependencies = [
 
 [[package]]
 name = "spl-stake-pool"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "arrayref",
  "bincode",
@@ -3758,7 +3758,7 @@ dependencies = [
 
 [[package]]
 name = "spl-stake-pool-cli"
-version = "0.4.0"
+version = "0.5.0"
 dependencies = [
  "bincode",
  "borsh",
diff --git a/stake-pool/cli/Cargo.toml b/stake-pool/cli/Cargo.toml
index ce98303c..9cc99f6e 100644
--- a/stake-pool/cli/Cargo.toml
+++ b/stake-pool/cli/Cargo.toml
@@ -6,7 +6,7 @@ homepage = "https://spl.solana.com/stake-pool"
 license = "Apache-2.0"
 name = "spl-stake-pool-cli"
 repository = "https://github.com/solana-labs/solana-program-library"
-version = "0.4.0"
+version = "0.5.0"
 
 [dependencies]
 borsh = "0.9"
@@ -21,7 +21,7 @@ solana-program = "=1.7.11"
 solana-remote-wallet = "=1.7.11"
 solana-sdk = "=1.7.11"
 spl-associated-token-account = { version = "1.0", path="../../associated-token-account/program", features = [ "no-entrypoint" ] }
-spl-stake-pool = { version = "0.4", path="../program", features = [ "no-entrypoint" ] }
+spl-stake-pool = { version = "0.5", path="../program", features = [ "no-entrypoint" ] }
 spl-token = { version = "3.2", path="../../token/program", features = [ "no-entrypoint" ]  }
 bs58 = "0.4.0"
 bincode = "1.3.1"
diff --git a/stake-pool/cli/scripts/setup-local.sh b/stake-pool/cli/scripts/setup-local.sh
index 422b7944..a1683b7b 100755
--- a/stake-pool/cli/scripts/setup-local.sh
+++ b/stake-pool/cli/scripts/setup-local.sh
@@ -25,7 +25,7 @@ build_program () {
 }
 
 setup_validator() {
-  solana-test-validator --bpf-program SPoo1xuN9wGpxNjGnPNbRPtpQ7mHgKM8d9BeFC549Jy ../../../target/deploy/spl_stake_pool.so --quiet --reset --slots-per-epoch 32 &
+  solana-test-validator --bpf-program SPoo1Ku8WFXoNDMHPsrGSTSG1Y47rzgn41SLUNakuHy ../../../target/deploy/spl_stake_pool.so --quiet --reset --slots-per-epoch 32 &
   pid=$!
   solana config set --url http://127.0.0.1:8899
   solana config set --commitment confirmed
diff --git a/stake-pool/program/Cargo.toml b/stake-pool/program/Cargo.toml
index 6a0ee5e8..5aba6550 100644
--- a/stake-pool/program/Cargo.toml
+++ b/stake-pool/program/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "spl-stake-pool"
-version = "0.4.0"
+version = "0.5.0"
 description = "Solana Program Library Stake Pool"
 authors = ["Solana Maintainers <maintainers@solana.foundation>"]
 repository = "https://github.com/solana-labs/solana-program-library"
diff --git a/stake-pool/program/program-id.md b/stake-pool/program/program-id.md
index cd9b26d3..7b5157e4 100644
--- a/stake-pool/program/program-id.md
+++ b/stake-pool/program/program-id.md
@@ -1 +1 @@
-SPoo1xuN9wGpxNjGnPNbRPtpQ7mHgKM8d9BeFC549Jy
+SPoo1Ku8WFXoNDMHPsrGSTSG1Y47rzgn41SLUNakuHy
diff --git a/stake-pool/program/src/lib.rs b/stake-pool/program/src/lib.rs
index a45604ef..08952ecb 100644
--- a/stake-pool/program/src/lib.rs
+++ b/stake-pool/program/src/lib.rs
@@ -123,4 +123,4 @@ pub fn find_transient_stake_program_address(
     )
 }
 
-solana_program::declare_id!("SPoo1xuN9wGpxNjGnPNbRPtpQ7mHgKM8d9BeFC549Jy");
+solana_program::declare_id!("SPoo1Ku8WFXoNDMHPsrGSTSG1Y47rzgn41SLUNakuHy");