diff --git a/Makefile b/Makefile
index bffd309..26398c0 100644
--- a/Makefile
+++ b/Makefile
@@ -50,7 +50,9 @@ build:
 			cargo build -p $$(basename $$crate) $(MODE_ARGS) $(CARGO_ARGS); \
 		done; \
 		for contract in $(sort $(wildcard contracts/*)); do \
-			$(MAKE) -e -C $$contract build; \
+			if [ -d "$$contract" ]; then \
+				$(MAKE) -e -C $$contract build; \
+			fi; \
 		done; \
 		for crate in $(wildcard tools/*); do \
 			cargo build -p $$(basename $$crate | tr '-' '_') $(MODE_ARGS) $(CARGO_ARGS); \
diff --git a/README.md b/README.md
index 786a5d0..422172f 100644
--- a/README.md
+++ b/README.md
@@ -1,8 +1,13 @@
 # quantum-resistant-lock-script
-Quantum resistant lock script on CKB, based on [NIST FIPS 205](https://nvlpubs.nist.gov/nistpubs/FIPS/NIST.FIPS.205.pdf) standard. 2 implementations exist:
+Quantum resistant lock script on CKB, based on [NIST FIPS 205](https://nvlpubs.nist.gov/nistpubs/FIPS/NIST.FIPS.205.pdf) standard.
 
-* A C lock script using [SPHINCS+](https://github.com/sphincs/sphincsplus)
-* A Rust lock script using [fips205](https://github.com/integritychain/fips205)
+
+There are 3 implementations:
+* [A C lock script](./contracts/c-sphincs-all-in-one-lock/) using [SPHINCS+](https://github.com/sphincs/sphincsplus)
+* [A Rust lock script](./contracts/sphincs-all-in-one-lock/) using [fips205](https://github.com/integritychain/fips205)
+* [A hybrid lock script](./contracts/hybrid-sphincs-all-in-one-lock/) with the implementation of SPHINCS+ utilizing the sphincsplus C library and Rust glue code.
+
+You can find more details about the implementation strategy in [contracts/README.md](./contracts/README.md).
 
 ## Build
 
@@ -43,7 +48,7 @@ In general, the `s` variants take longer to generate a signature, but takes less
 
 **NOTE**: the following tool shall be considered deprecated, and only kept here for historic reasons.
 
-This tool is to **convert a default Lock(SECP256K1/blake160) to quantum resistant lock script.**. 
+This tool is to **convert a default Lock(SECP256K1/blake160) to quantum resistant lock script.**.
 
 Follow steps below:
 
diff --git a/contracts/README.md b/contracts/README.md
new file mode 100644
index 0000000..0d675fb
--- /dev/null
+++ b/contracts/README.md
@@ -0,0 +1,49 @@
+
+## SPHINCS+ Lock Implementation Strategy
+
+We have evaluated three different technical approaches for implementing the SPHINCS+ lock with the goal of selecting the most secure and stable version for long-term deployment.
+
+### The Three Implementation Versions
+
+The following three versions were created to compare trade-offs in cryptographic assurance, performance, and long-term maintenance:
+
+| Version | Core SPHINCS+ Logic | CKB Glue Code | Key Technology |
+| :--- | :--- | :--- | :--- |
+| **1. Pure C** | `sphincsplus` C library (NIST reference) | C99 Standard | High cryptographic assurance and stability. |
+| **2. Pure Rust** | `fips205` Rust crate | Rust | Fully Rust-native implementation. |
+| **3. Hybrid** | `sphincsplus` C library (NIST reference) | Rust | Combines the proven C core with a Rust wrapper. |
+
+### Compare Metrics
+
+While performance was not the primary deciding factor, the contracts showed differences in size and computational cost:
+
+| Metric | Pure C | Pure Rust | Hybrid |
+| :--- | :--- | :--- | :--- |
+| **Minimised Contract Size** | $\text{206K}$ | $\text{224K}$ | $\text{277K}$ |
+| **Cycle Consumption** | Fastest ($\approx 60\%$ of Rust cycles) | Slowest | Similar to Pure C |
+
+More details on performance can be found in [Performance Doc](../docs/performance.md).
+
+### Rationale for Version Selection
+
+The decision to choose a specific version is driven by two critical factors: **Cryptographic Assurance** and **Long-Term Stability**.
+
+#### 1. Maximum Cryptographic Assurance
+
+For a quantum-resistant solution like SPHINCS+, the security of the underlying cryptographic primitive is paramount.
+
+* The **`sphincsplus` C library** used in the Pure C and Hybrid versions is the **reference implementation** submitted to the NIST Post-Quantum Cryptography Standardization process. It is authored and maintained by the original creators of the SPHINCS+ algorithm.
+* This high level of scrutiny and maintenance by leading cryptographers provides the greatest assurance that the implementation is robust and free from subtle cryptographic errors.
+
+#### 2. Long-Term Stability for HODL Use Case
+
+SPHINCS+ is intended primarily as a **long-term security solution** for users who wish to secure their assets against potential future quantum attacks (e.g., over a $\text{10-20}$ year period). This use case demands a contract that is maximally stable and immutable.
+
+* We prioritize **foundational stability** over added features or a rapidly changing ecosystem.
+* The **Pure C** implementation, leveraging mature, stable toolchains and the proven `sphincsplus` C library, offers the most reliable foundation for a contract intended to remain unchanged for decades.
+
+### Usage Guidance
+
+We will deploy the **Pure C Implementation Contract** due to its combination of superior cryptographic assurance (NIST reference implementation) and its stability for long-term, quantum-resistant asset protection. This approach ensures the most trustworthy and enduring lock on the CKB chain.
+
+While the Pure Rust and Hybrid versions offer interesting trade-offs, you should generally consider them for experimental, short-term scenarios or situations where the benefits of native Rust tooling outweigh the need for maximum guarantees and long-term stability.
\ No newline at end of file