diff --git a/contracts/vesting/schema/nym-vesting-contract.json b/contracts/vesting/schema/nym-vesting-contract.json
index 87967fb410..b091be7f12 100644
--- a/contracts/vesting/schema/nym-vesting-contract.json
+++ b/contracts/vesting/schema/nym-vesting-contract.json
@@ -1,6 +1,6 @@
 {
   "contract_name": "nym-vesting-contract",
-  "contract_version": "1.4.0",
+  "contract_version": "1.5.0",
   "idl_version": "1.0.0",
   "instantiate": {
     "$schema": "http://json-schema.org/draft-07/schema#",