diff --git a/README.md b/README.md
index 6523e9202..6da6732ad 100644
--- a/README.md
+++ b/README.md
@@ -29,6 +29,19 @@ If you'd like some background on Sigma Prime, please see the [Lighthouse Update
 \#00](https://lighthouse.sigmaprime.io/update-00.html) blog post or the
 [company website](https://sigmaprime.io).
 
+### Directory Structure
+
+- [`beacon_node/`](beacon_node/): the "Beacon Node" binary and crates exclusively
+	associated with it.
+- [`docs/`](docs/): documentation related to the repository. This includes contributor
+	guides, etc. (It does not include code documentation, which can be produced with `cargo doc`).
+- [`eth2/`](eth2/): Crates containing common logic across the Lighthouse project. For
+	example: Ethereum 2.0 types ([`BeaconBlock`](eth2/types/src/beacon_block.rs), [`BeaconState`](eth2/types/src/beacon_state.rs), etc) and
+	SimpleSerialize (SSZ).
+- [`protos/`](protos/): protobuf/gRPC definitions that are common across the Lighthouse project.
+- [`validator_client/`](validator_client/): the "Validator Client" binary and crates exclusively
+	associated with it.
+
 ### Components
 
 The following list describes some of the components actively under development
@@ -79,16 +92,6 @@ In addition to these components we are also working on database schemas, RPC
 frameworks, specification development, database optimizations (e.g.,
 bloom-filters), and tons of other interesting stuff (at least we think so).
 
-### Directory Structure
-
-Here we provide an overview of the directory structure:
-
-- `beacon_chain/`: contains logic derived directly from the specification.
-  E.g., shuffling algorithms, state transition logic and structs, block
-validation, BLS crypto, etc.
-- `lighthouse/`: contains logic specific to this client implementation. E.g.,
-  CLI parsing, RPC end-points, databases, etc.
-
 ### Running
 
 **NOTE: The cryptography libraries used in this implementation are
diff --git a/eth2/README.md b/eth2/README.md
new file mode 100644
index 000000000..cf041e987
--- /dev/null
+++ b/eth2/README.md
@@ -0,0 +1,37 @@
+# Ethereum 2.0 Common Crates
+
+Rust crates containing logic common across the Lighthouse project.
+
+## Per-Crate Summary
+
+- [`attester/`](attester/): Core logic for attesting to beacon and shard blocks.
+- [`block_proposer/`](block_proposer/): Core logic for proposing beacon blocks.
+- [`fork_choice/`](fork_choice/): A collection of fork-choice algorithms for
+	the Beacon Chain.
+- [`state_processing/`](state_processing/): Provides per-slot, per-block, and
+	per-epoch state processing.
+- [`types/`](types/): Defines base Ethereum 2.0 types (e.g., `BeaconBlock`,
+	`BeaconState`, etc).
+- [`utils/`](utils/):
+    - [`bls`](utils/bls/): A wrapper for an external BLS encryption library.
+    - [`boolean-bitfield`](utils/boolean-bitfield/): Provides an expandable vector
+		of bools, specifically for use in Eth2.
+    - [`fisher-yates-shuffle`](utils/fisher-yates-shuffle/): shuffles a list
+		pseudo-randomly.
+    - [`hashing`](utils/hashing/): A wrapper for external hashing libraries.
+    - [`honey-badger-split`](utils/honey-badger-split/): Splits a list in `n`
+		parts without giving AF about the length of the list, `n`, or anything
+		else.
+    - [`int-to-bytes`](utils/int-to-bytes/): Simple library which converts ints
+		into byte-strings of various lengths.
+	- [`slot_clock`](utils/slot_clock/): translates the system time into Beacon
+	    Chain "slots". (Also provides another slot clock that's useful during
+		testing.)
+	- [`ssz`](utils/ssz/): an implementation of the SimpleSerialize 
+	    serialization/deserialization protocol used by Eth 2.0.
+	- [`ssz_derive`](utils/ssz_derive/): provides procedural macros for
+		deriving SSZ `Encodable`, `Decodable`, and `TreeHash` methods.
+	- [`swap_or_not_shuffle`](utils/swap_or_not_shuffle/): a list-shuffling
+		method which is slow, but allows for a subset of indices to be shuffled.
+	- [`test_random_derive`](utils/test_random_derive/): provides procedural
+		macros for deriving the `TestRandom` trait defined in `types`.