diff --git a/api/manifest/v1/genesis.pulsar.go b/api/manifest/v1/genesis.pulsar.go
index 363d89d..86fcdf5 100644
--- a/api/manifest/v1/genesis.pulsar.go
+++ b/api/manifest/v1/genesis.pulsar.go
@@ -2153,7 +2153,7 @@ func (x *StakeHolders) GetPercentage() int32 {
 	return 0
 }
 
-// Inflation is the automatic inflation and distribution coins to the stake holders
+// Inflation is the distribution coins to the stake holders
 type Inflation struct {
 	state         protoimpl.MessageState
 	sizeCache     protoimpl.SizeCache
diff --git a/proto/manifest/v1/genesis.proto b/proto/manifest/v1/genesis.proto
index 1eaf5a8..be1fdc0 100644
--- a/proto/manifest/v1/genesis.proto
+++ b/proto/manifest/v1/genesis.proto
@@ -35,7 +35,7 @@ message StakeHolders {
   int32 percentage = 2;
 }
 
-// Inflation is the automatic inflation and distribution coins to the stake holders
+// Inflation is the distribution coins to the stake holders
 message Inflation {
   option (gogoproto.equal) = true;
   // if automatic inflation is enabled for distribution
diff --git a/x/manifest/spec/01_concepts.md b/x/manifest/spec/01_concepts.md
new file mode 100644
index 0000000..cd1fe44
--- /dev/null
+++ b/x/manifest/spec/01_concepts.md
@@ -0,0 +1,37 @@
+<!--
+order: 1
+-->
+
+# Concepts
+
+## Manifest
+
+The Manifest module allows the chain admin(s) to set stakeholders and their percent of network rewards. These rewards can be made automatically on a set fixed amount per block, or manually if auto inflation is toggled off.
+
+## Update Stakeholders and Inflation
+
+**NOTE** This can only be run from the chain's PoA admin(s) addresses.
+
+```bash
+# address_pairs is a comma delimited list of address and percent pairs in the micro format
+# - `address:1_000_000,address2:99_000_000` = 2 addresses at 100%.
+#
+# inflation_per_year_coin is the amount of coins to give per year for automatic inflation
+# - `5000000umfx`
+#
+manifestd tx manifest update-params [address_pairs] [automatic_inflation_enabled] [inflation_per_year_coin]
+```
+
+## Payout Stakeholders Manually
+
+**NOTE** This can only be run from the chain's PoA admin(s) addresses.
+**NOTE** This may only be run when automatic inflation is off. If it is on, this transaction will always error out on execution.
+
+```bash
+# coin_amount is the amount of coins to distribute to all stakeholders. This is then split up based off their split of the network distribution.
+# - `5000000umfx`
+#
+# If you wish to payout to a different group than what current stakeholders are set, use a multi-message transaction to update-params, perform the payout, and update-params back to the original state. This can be done in 1 transaction.
+# -https://docs.junonetwork.io/developer-guides/miscellaneous/multi-message-transaction
+manifestd tx manifest stakeholder-payout [coin_amount]
+```
diff --git a/x/manifest/spec/02_state.md b/x/manifest/spec/02_state.md
new file mode 100644
index 0000000..75fe8a5
--- /dev/null
+++ b/x/manifest/spec/02_state.md
@@ -0,0 +1,53 @@
+<!--
+order: 2
+-->
+
+# State
+
+## State Objects
+
+The `x/manifest` module only manages the following object in state: Params. This object holds all the required information for the module to operate. For automatic inflation, the x/mint modules `Params` is used to take the per year reward coins and divide it by the number of blocks per year, resulting in the per block reward amount.
+
+```proto
+message Params {
+  option (amino.name) = "manifest/params";
+  option (gogoproto.equal) = true;
+  option (gogoproto.goproto_stringer) = false;
+
+  repeated StakeHolders stake_holders = 1;
+
+  Inflation inflation = 2;
+}
+
+// StakeHolders is the list of addresses and their percentage of the inflation distribution
+message StakeHolders {
+  option (gogoproto.equal) = true;
+
+  // manifest address that receives the distribution
+  string address = 1;
+
+  // percentage is the micro denom % of tokens this address gets on a distribution.
+  // 100% = 100000000 total. so 1000000 = 1%.
+  int32 percentage = 2;
+}
+
+// Inflation is the distribution coins to the stake holders
+message Inflation {
+  option (gogoproto.equal) = true;
+
+  // if auto payouts are done per block
+  bool automatic_enabled = 1;
+
+  // amount of umfx tokens distributed per year
+  uint64 yearly_amount = 2;
+
+  // the token to distribute (i.e. 'umfx')
+  string mint_denom = 3;
+}
+```
+
+## State Transitions
+
+The following state transitions are possible:
+
+- Update params for stakeholders percent, and inflation values (denom, and automatic)
\ No newline at end of file
diff --git a/x/manifest/spec/README.md b/x/manifest/spec/README.md
new file mode 100644
index 0000000..16984d0
--- /dev/null
+++ b/x/manifest/spec/README.md
@@ -0,0 +1,18 @@
+# `manifest`
+
+## Abstract
+
+This document specifies the internal `x/manifest` module of The Lifted Initiative, Manifest Ledger.
+
+The `x/manifest` module provides the following abilities:
+- Setting a group of stakeholders that receive a set % of inflation
+- Toggling Inflation from automatic and manual modes
+
+This inflation is not tied to a standard bonded ratio like typical proof-of-stake (PoS) systems, Instead it is up to chain admin(s) to decide given the nature of a proof-of-authority (PoA) chain.
+
+By using this module, token distributions can be delivered to select stakeholders within the bounds of certain set parameters
+
+## Contents
+
+1. **[Concepts](01_concepts.md)**
+2. **[State](02_state.md)**
\ No newline at end of file
diff --git a/x/manifest/types/genesis.pb.go b/x/manifest/types/genesis.pb.go
index 5c8168d..149c7c3 100644
--- a/x/manifest/types/genesis.pb.go
+++ b/x/manifest/types/genesis.pb.go
@@ -178,7 +178,7 @@ func (m *StakeHolders) GetPercentage() int32 {
 	return 0
 }
 
-// Inflation is the automatic inflation and distribution coins to the stake holders
+// Inflation is the distribution coins to the stake holders
 type Inflation struct {
 	// if automatic inflation is enabled for distribution
 	AutomaticEnabled bool `protobuf:"varint,1,opt,name=automatic_enabled,json=automaticEnabled,proto3" json:"automatic_enabled,omitempty"`