No matter the strategy you select, there are general principles and guidelines to design and document your API versions effectively. These include utilizing semantic versioning, which assigns a three-digit number to each version of your API, such as 1.0.0 or 2.3.4, to demonstrate the level and impact of changes and manage their dependencies and compatibility. Additionally, you should avoid breaking changes, such as removing or renaming endpoints, parameters, or fields, changing the data types or formats, or altering the logic or behavior of the API; if needed, create a new major version of your API along with a clear migration path and support for the old versions. Lastly, document your changes by providing a comprehensive and accurate description of your API versions, including examples and testing of the endpoints, parameters, fields, errors and responses of your API; also include a changelog that lists and explains the changes between the versions of your API with instructions on how to upgrade or downgrade them.