[Prod] Update the read-me on our GitHub page

[lizard12995]

Description

Update our read me! You can use information from here. This Overview is basically how we'd want to update the readme.

Skillsets that would be useful for completing this task?

Just some experience with the project.

Domain - what area does this issue fall into?

Onboarding for new members.

Lifecycle - where is this task in the grand scheme of things? Who should be consulted?

For product review! Can you create a draft, share it with the product team, then enter it into GitHub?