diff --git a/celo/helmfile.yaml b/celo/helmfile.yaml
index c076a9f6..699b1c02 100644
--- a/celo/helmfile.yaml
+++ b/celo/helmfile.yaml
@@ -185,7 +185,7 @@ templates:
     version: {{ .Values | get "proxyd" | get "chartVersion" }}
     {{- end }}
     {{- if (not (or ( .Values | get "proxyd" dict | get "chartVersion" false ) ( .Values | get "proxyd" dict | get "chartUrl" false ) )) }}
-    version: "0.7.3"
+    version: "0.7.4-canary.1"
     {{- end }}
   
 releases:
diff --git a/src/schemas/celo.cue b/src/schemas/celo.cue
index 744b6bdc..a96250f2 100644
--- a/src/schemas/celo.cue
+++ b/src/schemas/celo.cue
@@ -116,7 +116,7 @@ package LaunchpadNamespaces
 					"app.launchpad.graphops.xyz/component": "{{ $canonicalRelease }}"
 				}
 				feature: #features.#proxyd
-				_template: {version: "0.7.3"}
+				_template: {version: "0.7.4-canary.1"}
 			}
 		}