diff --git a/README.md b/README.md
new file mode 100644
index 0000000..37498cf
--- /dev/null
+++ b/README.md
@@ -0,0 +1,22 @@
+## clx-truetype
+
+Pure Common Lisp TrueType antialiased fonts rendering using
+[CLX](https://github.com/sharplispers/clx) and the Xrender extension.
+
+Although a fork, this repository is to be [considered the **principal**
+clx-truetype fork](https://github.com/stumpwm/stumpwm/discussions/1109)
+and the de facto continuation of the development effort.
+Initially, clx-truetype was written by
+[Mikhail Filonenko](https://github.com/filonenko-mikhail). Over the years,
+however, additions and fixes have mainly happened across different forks as
+Mikhail's own repository has disappeared. This repository therefore
+consolidates these changes, provides proper versioning and strives to
+remain active.
+
+clx-truetype is especially important for users of
+[StumpWM](https://github.com/stumpwm/stumpwm) because it allows the window
+manager to display text using TTF fonts. To use StumpWM with clx-truetype
+you have to install the
+[ttf-fonts](https://github.com/stumpwm/stumpwm-contrib/tree/master/util/ttf-fonts)
+contrib module. The usage of the module is beyond this documentation.
+
diff --git a/README.txt b/README.txt
deleted file mode 100644
index 6b849ac..0000000
--- a/README.txt
+++ /dev/null
@@ -1,9 +0,0 @@
-Pure Common Lisp TrueType antialiased fonts rendering using CLX and Xrender
-extension.
-
-Web manual:
-http://filonenko-mikhail.github.com/clx-truetype/
-
-email: filonenko.mikhail at gmail.com
-jabber: asvil@jabber.ru
-skype: filonenko.mikhail