diff --git a/LICENSE b/LICENSE
new file mode 100644
index 000000000..990b917bc
--- /dev/null
+++ b/LICENSE
@@ -0,0 +1,80 @@
+Business Source License 1.1
+License text copyright (c) 2017 MariaDB Corporation Ab, All Rights Reserved.
+"Business Source License" is a trademark of MariaDB Corporation Ab.
+
+---
+
+Parameters
+Licensor: Alpaca Fin Corporation
+Licensed Work: Alpaca Finance 2.0
+The Licensed Work is (c) 2021 Alpaca Fin Corporation
+Additional Use Grant: Any uses listed and defined at
+af2.0-license-grants.alpacafinance.eth
+Change Date: The earlier of 2023-07-01 or a date specified at
+af2.0-license-date.alpacafinance.eth
+Change License: GNU General Public License v2.0 or later
+
+---
+
+Terms
+The Licensor hereby grants you the right to copy, modify, create derivative
+works, redistribute, and make non-production use of the Licensed Work. The
+Licensor may make an Additional Use Grant, above, permitting limited
+production use.
+Effective on the Change Date, or the fourth anniversary of the first publicly
+available distribution of a specific version of the Licensed Work under this
+License, whichever comes first, the Licensor hereby grants you rights under
+the terms of the Change License, and the rights granted in the paragraph
+above terminate.
+If your use of the Licensed Work does not comply with the requirements
+currently in effect as described in this License, you must purchase a
+commercial license from the Licensor, its affiliated entities, or authorized
+resellers, or you must refrain from using the Licensed Work.
+All copies of the original and modified Licensed Work, and derivative works
+of the Licensed Work, are subject to this License. This License applies
+separately for each version of the Licensed Work and the Change Date may vary
+for each version of the Licensed Work released by Licensor.
+You must conspicuously display this License on each original or modified copy
+of the Licensed Work. If you receive the Licensed Work in original or
+modified form from a third party, the terms and conditions set forth in this
+License apply to your use of that work.
+Any use of the Licensed Work in violation of this License will automatically
+terminate your rights under this License for the current and all other
+versions of the Licensed Work.
+This License does not grant you any right in any trademark or logo of
+Licensor or its affiliates (provided that you may use a trademark or logo of
+Licensor as expressly required by this License).
+TO THE EXTENT PERMITTED BY APPLICABLE LAW, THE LICENSED WORK IS PROVIDED ON
+AN "AS IS" BASIS. LICENSOR HEREBY DISCLAIMS ALL WARRANTIES AND CONDITIONS,
+EXPRESS OR IMPLIED, INCLUDING (WITHOUT LIMITATION) WARRANTIES OF
+MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, AND
+TITLE.
+MariaDB hereby grants you permission to use this License’s text to license
+your works, and to refer to it using the trademark "Business Source License",
+as long as you comply with the Covenants of Licensor below.
+
+---
+
+Covenants of Licensor
+In consideration of the right to use this License’s text and the "Business
+Source License" name and trademark, Licensor covenants to MariaDB, and to all
+other recipients of the licensed work to be provided by Licensor:
+
+1. To specify as the Change License the GPL Version 2.0 or any later version,
+   or a license that is compatible with GPL Version 2.0 or a later version,
+   where "compatible" means that software provided under the Change License can
+   be included in a program with software provided under GPL Version 2.0 or a
+   later version. Licensor may specify additional Change Licenses without
+   limitation.
+2. To either: (a) specify an additional grant of rights to use that does not
+   impose any additional restriction on the right granted in this License, as
+   the Additional Use Grant; or (b) insert the text "None".
+3. To specify a Change Date.
+4. Not to modify this License in any other way.
+
+---
+
+Notice
+The Business Source License (this document, or the "License") is not an Open
+Source license. However, the Licensed Work will eventually be made available
+under an Open Source License, as stated in this License.
diff --git a/README.md b/README.md
index 38512eed2..df00d4d11 100644
--- a/README.md
+++ b/README.md
@@ -145,3 +145,7 @@ forge script solidity/scripts/utilities/ScriptName.s.sol --rpc-url $RPC_URL
 ```
 forge script solidity/scripts/utilities/ScriptName.s.sol --broadcast --rpc-url $RPC_URL
 ```
+
+# Licensing
+
+The primary license for Alpaca Protocol 2.0 is the BUSL LICENSE, see [BUSL LICENSE](https://github.com/alpaca-finance/alpaca-v2-money-market/blob/main/LICENSE).