diff --git a/Makefile b/Makefile
index 096526f84f..073536c3e4 100644
--- a/Makefile
+++ b/Makefile
@@ -2,7 +2,7 @@
 
 PACKAGES_NOSIMULATION=$(shell go list ./... | grep -v '/simulation')
 PACKAGES_SIMTEST=$(shell go list ./... | grep '/simulation')
-VERSION := $(shell echo $(shell git describe --always) | sed 's/^v//')
+VERSION := $(shell echo $(shell git describe --tags))
 COMMIT := $(shell git log -1 --format='%H')
 LEDGER_ENABLED ?= true
 BINDIR ?= $(GOPATH)/bin