Update README.md

README.md

@@ -1,14 +1,14 @@
-# 😽 Minswap tokens
+# 😽 Minswap Tokens
 
 ## Overview
 
-The merge of deprecated verified-tokens and market cap repositories, which contains a list of tokens, exposes APIs for transparent access to circulating supply and total supply.
+This repository is a merge of now deprecated verified-tokens and market-cap repositories, it contains a list of tokens and exposes APIs for transparent access to circulating supply and total supply.
 
-As of latest update, we consider `circulating = maxSupply - treasury - burn` and `total = maxSupply - burn` as standard formulas for calculating marketcap information.
+As of the latest update, we consider `circulating = maxSupply - treasury - burn` and `total = maxSupply - burn` as standard formulas for calculating marketcap information.
 
 In cases where `circulatingOnChain` is provided directly according to the asset's quantity on-chain or through external APIs, the `circulating` is the value of `circulatingOnChain`.
 
-For tokens providing with `treasuryOnChain`, `total = maxSupply - treasuryOnChain` and `circulating = maxSupply - treasuryOnChain` formulas will be applied.
+For tokens providing `treasuryOnChain`, `total = maxSupply - treasuryOnChain` and `circulating = maxSupply - treasuryOnChain` formulas will be applied.
 
 ## How to add my token
 
@@ -17,20 +17,24 @@ For tokens providing with `treasuryOnChain`, `total = maxSupply - treasuryOnChai
 As token verification prerequisites, ensure your token has:
 
 - A pool with at least **1000 ADA TVL**,
-- A post of your policy ID on Twitter or your policy ID displayed on your landing page,
+- A post of your policy ID on Twitter (can also be in bio) or your policy ID displayed on your website's landing page,
 - A logo added in the [Cardano Token Registry](https://github.com/cardano-foundation/cardano-token-registry) or CIP-68 metadata.
 
 For tokens to be verified:
 
 1. Create a transaction transfer **100 ADA** to Minswap wallet receiving token verification fee below. This fee appears as the cost for lifetime maintain this repository.
-2. Metadata includes: **the last 4 numbers of asset's policyId and asset's ticker** (for example, Verify 70c6 MIN).
+2. Transaction metadata includes: **the last 4 numbers of asset's policyId and asset's ticker** (for example, Verify 70c6 MIN).
 3. Attach the transaction hash to a comment in the yaml file pull request (instructions below).
 
+Why is there a one-time fee?
+The one time fee is collected for maintaining the token verification repository and plays a crucial role in ensuring the repository remains a trusted and reliable resource for verifying tokens.
+The fee also helps fund contributors, who carefully review and verify tokens, to ensure that only legitimate projects are verified, preventing scams and protecting users from malicious actors.
+
 Minswap wallet receiving token verification fee: `addr1q85g6fkwzr2cf984qdmntqthl3yxnw4pst4mpgeyygdlnehqlcgwvr6c9vmajz96vnmmset3earqt5wl0keg0kw60eysdgwnej`
 
-Any token that has been verified does **not** meet the requirements in the future would still be unverified.
+Any token that has been verified and does **not** meet the requirements in the future will be unverified.
 
-### Create pull request
+### Creating a pull request
 
 Create a pull request adding yaml file according to the following structure in the `src/tokens`:
 
@@ -83,8 +87,8 @@ circulatingOnChain:
 treasuryOnChain: addr...
 ```
 
-Alternatively, create an issue with above information and our team will update accordingly. However, please note that the pull request will be processed faster.
-Our team will verify and approve in first-in-first-out order.
+Alternatively, create an issue with above information and our team will update accordingly. However, please note that the pull requests will be processed much faster.
+Our team will verify and approve on first-in-first-out basis.
 
 ## Usage