diff --git a/CONTRIBUTING.md b/CONTRIBUTING.md
index 3bb5a923..b99a2b3c 100644
--- a/CONTRIBUTING.md
+++ b/CONTRIBUTING.md
@@ -177,6 +177,14 @@ Develop is merged into master after the team performs various automated and QA t
 
 ---
 
+# Versioning Policy
+
+All of the Stream Chat packages follow [semantic versioning (semver)](https://semver.org/).
+
+See our [versioning policy documentation](https://getstream.io/chat/docs/sdk/flutter/basics/versioning_policy/) for more information.
+
+---
+
 # Styleguides 💅
 
 ![image](https://user-images.githubusercontent.com/20601437/124241186-d17a8680-db1b-11eb-9a21-3df305674ca9.png)
diff --git a/README.md b/README.md
index 62358d57..061a193d 100644
--- a/README.md
+++ b/README.md
@@ -62,6 +62,11 @@ Every package folder includes a fully functional example with setup instructions
 
 We also provide a set of sample apps created using the Stream Flutter SDK at [this location](https://github.com/GetStream/flutter-samples).
 
+## Versioning Policy
+
+All of the Stream Chat packages follow [semantic versioning (semver)](https://semver.org/).
+
+See our [versioning policy documentation](https://getstream.io/chat/docs/sdk/flutter/basics/versioning_policy/) for more information.
 
 ## We are hiring
 
diff --git a/docusaurus/docs/Flutter/basics/versioning_policy.mdx b/docusaurus/docs/Flutter/basics/versioning_policy.mdx
new file mode 100644
index 00000000..48f25d66
--- /dev/null
+++ b/docusaurus/docs/Flutter/basics/versioning_policy.mdx
@@ -0,0 +1,20 @@
+---
+id: versioning_policy
+sidebar_position: 3
+title: Versioning Policy
+---
+
+All of the Stream Chat packages follow [semantic versioning (semver)](https://semver.org/).
+
+That means that with a version number x.y.z (major.minor.patch):
+- When releasing bug fixes (backwards compatible), we make a patch release by changing the z number (ex: 3.6.2 to 3.6.3). A bug fix is defined as an internal change that fixes incorrect behavior.
+- When releasing new features or non-critical fixes, we make a minor release by changing the y number (ex: 3.6.2 to 3.7.0).
+- When releasing breaking changes (backward incompatible), we make a major release by changing the x number (ex: 3.6.2 to 4.0.0).
+
+See the [semantic versioning](https://dart.dev/tools/pub/versioning#semantic-versions) section from the Dart docs for more information.
+
+This versioning policy does not apply to prerelease packages (below major version of 1). See this
+[StackOverflow thread](https://stackoverflow.com/questions/66201337/how-do-dart-package-versions-work-how-should-i-version-my-flutter-plugins)
+for more information on Dart package versioning.
+
+Whenever possible, we will add deprecation warnings in preparation for future breaking changes.