diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 00000000..eed88973
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,21 @@
+
+# Changelog
+
+All notable changes to this project will be documented in this file.
+Each release should have the following subsections, if entries exist, in the
+given order: `Breaking`, `Build`, `Deprecated`, `Removed`, `Added`, `Changed`,
+`Fixed`, `Security`.
+
+The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/),
+and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html).
+
+## [Unreleased]
+
+## [3.5.3] - 2020-12-23
+### Build
+- Don't use `git` when building documentation ([`#2311`](https://github.com/polybar/polybar/issues/2309))
+### Fixed
+- Empty color values are no longer treated as invalid and no longer produce an error.
+
+[Unreleased]: https://github.com/polybar/polybar/compare/3.5.3...HEAD
+[3.5.3]: https://github.com/polybar/polybar/releases/tag/3.5.3
diff --git a/version.txt b/version.txt
index 2bd23581..af8cdbfd 100644
--- a/version.txt
+++ b/version.txt
@@ -1,4 +1,4 @@
 # Polybar version information
 # Update this on every release
 # This is used to create the version string if a git repo is not available
-3.5.2
+3.5.3