diff --git a/PROPERTIES.md b/PROPERTIES.md
new file mode 100644
index 0000000..832bee6
--- /dev/null
+++ b/PROPERTIES.md
@@ -0,0 +1,15 @@
+## Protocol properties and invariants
+
+Below is a list of all documented properties and invariants of this project that must hold true.
+
+- **Property** - Describes the property of the project / protocol that should ultimately be tested and formaly verified.
+- **Type** - Properties are split into 5 main types: **Valid State**, **State Transition**, **Variable Transition**,
+  **High-Level Property**, **Unit Test**
+- **Risk** - One of **High**, **Medium** and **Low**, depending on the property's risk factor
+- **Tested** - Whether this property has been (fuzz) tested
+
+| **Property** | **Type** | **Risk** | **Tested** |
+| ------------ | -------- | -------- | ---------- |
+|              |          |          |            |
+|              |          |          |            |
+|              |          |          |            |