diff --git a/docs/release.md b/docs/release.md
index 639a5f80e..6595ca070 100644
--- a/docs/release.md
+++ b/docs/release.md
@@ -4,6 +4,16 @@
 
 Currently we don't release regularly. Whenever we think it makes sense to release a new version we do it, but we aim to do a new release every month. You might want to ask in our Slack channel [external-dns](https://kubernetes.slack.com/archives/C771MKDKQ) when the next release will come out.
 
+## Versioning convention
+
+Those are the conventions that we will be using for releases following `0.7.6`:
+
+- **Patch** version should be updated if we need to merge bugfixes, e.g. provider a does need a fix in order make updates working again. I would see updating or improving documentation here.
+
+- **Minor** version should be updated if new features are implemented in existing providers or new provider get introduced.
+
+- **Major** version should be upgraded if we introduce breaking changes.
+
 ## How to release a new image
 
 ### Prerequisite