diff --git a/README.md b/README.md
index 9136352ea3..a3c5975c67 100644
--- a/README.md
+++ b/README.md
@@ -1,12 +1,12 @@
 # Snowflake Terraform Provider
 
+> ⚠️ **Incoming holidays**: The whole team will be absent from the 21st of December to the 7th of January. Our involvement in GitHub issues during this time will be limited. We will look out for the critical issues, though. Merry Christmas and a Happy New Year!
+
 > ⚠️ **Please note**: If you believe you have found a security issue, _please responsibly disclose_ by contacting us at [triage-terraformprovider-dl@snowflake.com](mailto:triage-terraformprovider-dl@snowflake.com).
 
-> ⚠️ **Disclaimer**: the project is still in the 0.x.x version, which means it’s still in the experimental phase (check [Go module versioning](https://go.dev/doc/modules/version-numbers#v0-number) for more details). It can be used in production but makes no stability or backward compatibility guarantees. We do not provide backward bug fixes and, therefore, always suggest using the newest version. We are providing only limited support for the provider; priorities will be assigned on a case-by-case basis.
->
-> Our main current goals are stabilization, addressing existing issues, and providing the missing features (prioritizing the GA features; supporting PrPr and PuPr features are not high priorities now).
->
-> With all that in mind, we aim to reach V1 with a stable, reliable, and functional provider. V1 will be free of all the above limitations.
+> ⚠️ **Disclaimer**: The project is in v1 version, but some features are in preview. Such resources and data sources are considered preview features in the provider, regardless of their state in Snowflake. We do not guarantee their stability. They will be reworked and marked as a stable feature in future releases. Breaking changes in these features are expected, even without bumping the major version. They are disabled by default. To use them, add the relevant feature name to `preview_features_enabled` field in the [provider configuration](https://registry.terraform.io/providers/Snowflake-Labs/snowflake/latest/docs#schema). The list of preview features is available below. Please always refer to the [Getting Help](https://github.com/Snowflake-Labs/terraform-provider-snowflake?tab=readme-ov-file#getting-help) section in our Github repo to best determine how to get help for your questions.
+> 
+> Keep in mind that V1 does not mean we have an official Snowflake support. Please follow [creating issues guidelines](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/main/CREATING_ISSUES.md).
 
 ----
 
@@ -39,16 +39,17 @@ terraform {
   required_providers {
     snowflake = {
       source  = "Snowflake-Labs/snowflake"
-      version = "~> 0.61"
+      version = ">= 1.0.0"
     }
   }
 }
 
 provider "snowflake" {
-  account  = "abc12345" # the Snowflake account identifier
-  user     = "johndoe"
-  password = "v3ry$3cr3t"
-  role     = "ACCOUNTADMIN"
+  organization_name = "organization_name"
+  account_name      = "account_name"
+  user              = "johndoe"
+  password          = "v3ry$3cr3t"
+  role              = "ACCOUNTADMIN"
 }
 ```
 
diff --git a/ROADMAP.md b/ROADMAP.md
index d71a3aa2c2..539f14ecb3 100644
--- a/ROADMAP.md
+++ b/ROADMAP.md
@@ -1,5 +1,17 @@
 # Our roadmap
 
+## (13.12.2024) V1 release update
+
+We have released a long-awaited [v1.0.0](https://github.com/Snowflake-Labs/terraform-provider-snowflake/releases/tag/v1.0.0). A few things to know now:
+- Together with v1.0.0 we have also released "the last" 0.x.x version - 0.100.0. v1.0.0 is built on top of that; it removed the [deprecated resources](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/ab015e8cf6f4db762b4043e8bfce2a010b623602/v1-preparations/LIST_OF_REMOVED_RESOURCES_FOR_V1.md) and attributes mostly, so if you are using one of the latest 0.x versions, you should be really close to v1.
+- Check the migration guides for [v1.0.0](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/main/MIGRATION_GUIDE.md#v01000--v100) and [v0.100.0](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/main/MIGRATION_GUIDE.md#v0990--v01000).
+- The provider entered a stable version from the engineering point of view. It will prohibit us from introducing breaking changes in stable resources without bumping the major version.
+- Resources and data sources in our provider now have two states, [stable](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/ab015e8cf6f4db762b4043e8bfce2a010b623602/v1-preparations/LIST_OF_STABLE_RESOURCES_FOR_V1.md) and [preview](https://github.com/Snowflake-Labs/terraform-provider-snowflake/blob/ab015e8cf6f4db762b4043e8bfce2a010b623602/v1-preparations/LIST_OF_PREVIEW_FEATURES_FOR_V1.md). To allow the given preview feature you have to explicitly set it in [the provider config](https://registry.terraform.io/providers/Snowflake-Labs/snowflake/latest/docs#preview_features_enabled-1). Please familiarize yourselves with the limitations of the preview feature before enabling it (most notably, preview features may require migrations between minor versions).
+- Our current main goal is to help with migration and address all the incoming v1 issues.
+- Keep in mind that V1 does not mean we have an official Snowflake support (check our new disclaimer in [README](https://github.com/Snowflake-Labs/terraform-provider-snowflake?tab=readme-ov-file#snowflake-terraform-provider)).
+- Our next milestone is reaching GA, which requires mostly procedural steps. Before that, no big changes are planned for the provider.
+- Besides the GA, we want to focus mostly on stabilizing the preview resources. We will share their current prioritization in January. The main ones for now are functions, procedures, and tables.
+
 ## (25.10.2024) Project state overview
 
 ### Goals