diff --git a/CHANGELOG.md b/CHANGELOG.md
index 31d561987..8128b9f8c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,25 +5,46 @@
 
 ## [Unreleased]
 
+## [3.0.0] - 09.08.2023
+
 ### BREAKING CHANGES 🚨
 
+- The server no longer builds the project on initial sync -
+  in order to generate and collect generated sources build + resync is required.
+  | [ba44564](https://github.com/JetBrains/bazel-bsp/commit/ba445645a3b6d41777dc7ce43f1e821e323f4045)
+- Project view `targets` has its default value changed from all targets (`//...`) to no targets.
+  | [779fade](https://github.com/JetBrains/bazel-bsp/commit/779fade5dadf2c411a4147412c017e25c316e5eb).
 - Bloop support has been dropped.
+  | [3d23205](https://github.com/JetBrains/bazel-bsp/commit/3d23205d82e5a877a31c452c27fc89370780657b)
 - Project view file is obligatory now! Server requires path to the file in `argv` in `.bsp/bazelbsp.json`.
   Debugger address (`debugger_address`), java path (`java_path`) and flag for trace log (`produce_trace_log`) are *no 
   longer* fields in project view files! They can be set *only* using installer flags (check [README](install/README.md)).
-- Project view `bazel_path` has been renamed to `bazel_binary` (now it's compatible with https://ij.bazel.build/docs/project-views.html#bazel_binary).
-- Project view `targets` has its default value changed from all targets (`//...`) to no targets. | [#BAZEL-552](https://youtrack.jetbrains.com/issue/BAZEL-552).
+  | [f2423bb](https://github.com/JetBrains/bazel-bsp/commit/f2423bb8093ad186ac4b7eff925e50818348ca72)
+- Project view `bazel_path` has been renamed to `bazel_binary`
+  (now it's compatible with https://ij.bazel.build/docs/project-views.html#bazel_binary).
+  | [5bd2a06](https://github.com/JetBrains/bazel-bsp/commit/5bd2a060d9f0172c91904fe9464900048ab93834)
 
 ### Features 🎉
-- Enhance support for Kotlin by providing Kotlin target's specific info.
-  | [#BAZEL-460](https://youtrack.jetbrains.com/issue/BAZEL-460)
-- Experimental `workspace/libraries` endpoint that returns list of external libraries
+
 - Support for Python targets, including `buildTarget/pythonOptions` endpoint
+  (a big thank you to the students of the University of Warsaw!).
+  | [8152cc2](https://github.com/JetBrains/bazel-bsp/commit/8152cc23b4ea26bfe6180b77ae8e45ae48e157e4)
+- Enhance support for Kotlin by providing Kotlin target's specific info
+  | [c06acc6](https://github.com/JetBrains/bazel-bsp/commit/c06acc6a577f4d146a63d81d529627aaaeb66fee)
+- Experimental `workspace/libraries` endpoint that returns list of external libraries.
+  | [3360353](https://github.com/JetBrains/bazel-bsp/commit/3360353d9a2d12931972ea3f6bf80e2b04cfa237)
 
 ### Fixes 🛠️
 - Now we report the failure of the whole test target and binaries are reporting stdout.
+  | [224c1ec](https://github.com/JetBrains/bazel-bsp/commit/224c1ec08fc1111f90431926bf7d6dd1aa7f6ab3)
 - Aspects don't throw an exception for kotlin rules if an attr doesn't exist.
-- Fix 'this.bepLogger is null' error on project sync
+  | [f08fe8b](https://github.com/JetBrains/bazel-bsp/commit/f08fe8bc2e1862b2c8de0a213b2d1a3042e250d2)
+- Fix 'this.bepLogger is null' error on project sync.
+  | [956bc00](https://github.com/JetBrains/bazel-bsp/commit/956bc000455b10466fb2f84f8c54dfe28109501b)
+
+### Other changes 🔁
+- Aspects now are more structured - each rule support has been extracted to separate files.
+  | [b11e3a1](https://github.com/JetBrains/bazel-bsp/commit/b11e3a1e1c5206689cda8d68cf7eb4d14ff6340f)
 
 ## [2.7.2]
 
@@ -408,7 +429,9 @@
 
 - Everything... 🎉
 
-[Unreleased]: https://github.com/JetBrains/bazel-bsp/compare/2.7.2...HEAD
+[Unreleased]: https://github.com/JetBrains/bazel-bsp/compare/3.0.0...HEAD
+
+[3.0.0]: https://github.com/JetBrains/bazel-bsp/compare/2.7.2...3.0.0
 
 [2.7.2]: https://github.com/JetBrains/bazel-bsp/compare/2.7.1..2.7.2
 
diff --git a/central-sync/VERSION b/central-sync/VERSION
index 37c2961c2..4a36342fc 100644
--- a/central-sync/VERSION
+++ b/central-sync/VERSION
@@ -1 +1 @@
-2.7.2
+3.0.0
diff --git a/commons/src/main/java/org/jetbrains/bsp/bazel/commons/Constants.java b/commons/src/main/java/org/jetbrains/bsp/bazel/commons/Constants.java
index 2ed4f3621..851a46b2a 100644
--- a/commons/src/main/java/org/jetbrains/bsp/bazel/commons/Constants.java
+++ b/commons/src/main/java/org/jetbrains/bsp/bazel/commons/Constants.java
@@ -5,7 +5,7 @@
 
 public class Constants {
   public static final String NAME = "bazelbsp";
-  public static final String VERSION = "2.7.2";
+  public static final String VERSION = "3.0.0";
   public static final String BSP_VERSION = "2.1.0";
   public static final String SCALA = "scala";
   public static final String JAVA = "java";
diff --git a/docs/dev/BUMPVERSION.md b/docs/dev/BUMPVERSION.md
index 26cfa501b..63fdbbd24 100644
--- a/docs/dev/BUMPVERSION.md
+++ b/docs/dev/BUMPVERSION.md
@@ -5,4 +5,3 @@ If you want to bump version (for example, before a release) you should do this i
 - `central-sync/VERSION`
 - `maven_coordinates` in `server/src/main/java/org/jetbrains/bsp/bazel/BUILD`
 - `VERSION` in `commons/src/main/java/org/jetbrains/bsp/bazel/commons/Constants.java`
-- installation description in `README.md`
diff --git a/server/src/main/java/org/jetbrains/bsp/bazel/BUILD b/server/src/main/java/org/jetbrains/bsp/bazel/BUILD
index 9ddfdc558..0ad539b2d 100644
--- a/server/src/main/java/org/jetbrains/bsp/bazel/BUILD
+++ b/server/src/main/java/org/jetbrains/bsp/bazel/BUILD
@@ -3,7 +3,7 @@ load("@bazel_sonatype//:defs.bzl", "sonatype_java_export")
 sonatype_java_export(
     name = "bsp",
     srcs = glob(["*.java"]),
-    maven_coordinates = "org.jetbrains.bsp:bazel-bsp:2.7.2",
+    maven_coordinates = "org.jetbrains.bsp:bazel-bsp:3.0.0",
     maven_profile = "org.jetbrains",
     pom_template = "//server/src/main/resources:pom.xml",
     resources = ["//log4j_config"],