diff --git a/README.md b/README.md
index be8af7b..93b6923 100644
--- a/README.md
+++ b/README.md
@@ -1,10 +1,10 @@
-# shAave
+# Pesto
 
-[![license-badge](https://img.shields.io/badge/license-MIT-yellow)](https://github.com/chainrule-labs/shaave-contracts/blob/main/LICENSE.md)
-[![ci-badge](https://img.shields.io/github/actions/workflow/status/chainrule-labs/shaave-contracts/ci.yml?branch=main&logo=github&label=CI)](https://github.com/chainrule-labs/shaave-contracts/actions)
-[![coverage](https://img.shields.io/codecov/c/github/chainrule-labs/shaave-contracts?token=K4Q3GAWUPJ&label=coverage&logo=codecov)](https://codecov.io/gh/chainrule-labs/shaave-contracts)
+[![license-badge](https://img.shields.io/badge/license-MIT-yellow)](https://github.com/chainrule-labs/pesto-contracts/blob/main/LICENSE.md)
+[![ci-badge](https://img.shields.io/github/actions/workflow/status/chainrule-labs/pesto-contracts/ci.yml?branch=main&logo=github&label=CI)](https://github.com/chainrule-labs/pesto-contracts/actions)
+[![coverage](https://img.shields.io/codecov/c/github/chainrule-labs/pesto-contracts?token=K4Q3GAWUPJ&label=coverage&logo=codecov)](https://codecov.io/gh/chainrule-labs/pesto-contracts)
 
-On-chain shorting via Aave and Uniswap.
+Pesto is a minimalist, on-chain derivatives protocol that enables users to create independent positions with varying degrees of exposure and hedging strategies.
 
 ## Principles
 
diff --git a/package.json b/package.json
index 870244a..f6d27a4 100644
--- a/package.json
+++ b/package.json
@@ -1,11 +1,11 @@
 {
 	"name": "v1-core",
-	"description": "Onchain shorting via Aave and Uniswap.",
+	"description": "Pesto is a minimalist, on-chain derivatives protocol that enables users to create independent positions with varying degrees of exposure and hedging strategies.",
 	"author": "Chain Rule, LLC",
 	"license": "MIT",
 	"repository": {
 		"type": "git",
-		"url": "git+https://github.com/chainrule-labs/shaave.git"
+		"url": "git+https://github.com/chainrule-labs/pesto.git"
 	},
 	"scripts": {
 		"commit": "cz",