diff --git a/README.md b/README.md index 43909ce..6862e62 100644 --- a/README.md +++ b/README.md @@ -1,8 +1,9 @@ # Kujira Revenue Converter -Simple smart-contract layer to allow aggregation of reward tokens into a smaller number of assets +Simple smart-contract layer to allow aggregation of reward tokens and swapping into a smaller number of assets to be disbuted to $KUJI stakers. -Each instance of the contract has a configured `revenue_token`, which is deposited to the fee_collector address at the end of every `SudoMsg::Run`. -It also has a set of `Action`s that are stepped through on subsequent executions of `SudoMsg::Run`. -This is designed to keep execution of the contract in fixed time, and also support more complex routing of token swaps, -before ultimately depositing them to the global fee_collector. +One contract instance is deployed per revenue token. + +Each instance has a set of `Action`s that are stepped through on subsequent executions of `SudoMsg::Run`. +This is designed to keep execution of the contract in fixed time, and also support more complex routing of token swaps. +At the end of each execution, `revenue_token` balance is read and is deposited to the fee_collector address.