diff --git a/Makefile b/Makefile
index 7b8deb9..d3ecd08 100644
--- a/Makefile
+++ b/Makefile
@@ -27,7 +27,7 @@
 
 ## Variables
 OPENOLTDEVICE     ?= asfvolt16
-OPENOLT_PROTO_VER ?= v4.0.2
+OPENOLT_PROTO_VER ?= v4.0.3
 
 DOCKER                     ?= docker
 DOCKER_REGISTRY            ?=