It has been established in the community that the following style would be followed for the versioning of releases:
Milestones -> Final -> Patch releases (e.g. 1.1-M1, 1.1-M2, 1.1, 1.1.1, 1.1.2 )
As much as possible, the team is aiming for frequent releases. If the roadmap for the current development version is big, milestone releases can be applied until the final release. But if the roadmap is composed of just a small number of issues, we could proceed immediately to preparing a release candidate and push it out as the final release once it passes the vote.