diff --git a/README.md b/README.md
index 62358d57..93f6d42c 100644
--- a/README.md
+++ b/README.md
@@ -62,6 +62,21 @@ 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/).
+
+That means that with a version number x.y.z (major.minor.patch):
+
+- When releasing critical bug fixes, we make a patch release by changing the z number (ex: 3.6.2 to 3.6.3).
+- 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.
 
 ## We are hiring