diff --git a/RFC-0001-Agile Coretime.md b/RFC-0001-Agile Coretime.md
index 2a5e471..140defc 100644
--- a/RFC-0001-Agile Coretime.md	
+++ b/RFC-0001-Agile Coretime.md	
@@ -20,7 +20,7 @@ This proposes a periodic, sale-based method for assigning Polkadot Coretime. The
 
 The present system of allocating time for parachains on the cores of the Polkadot Ubiquitous Computer (aka "Polkadot") is through a process known as *slot auctions*. These are on-chain candle auctions which proceed for several days and result in a core being assigned to a single parachain for six months at a time up to 18 months in advance. Practically speaking, we only see two year periods being bid upon and leased.
 
-Funds behind the bids made in the slot auctions are merely locked, not consumed or paid and become unlocked and returned to the bidder on expirt of the lease period. A means of sharing the deposit trustlessly known as a *crowdloan* is available allowing token holders to contribute to the overall deposit of a chain without any counterparty risk.
+Funds behind the bids made in the slot auctions are merely locked, not consumed or paid and become unlocked and returned to the bidder on expiry of the lease period. A means of sharing the deposit trustlessly known as a *crowdloan* is available allowing token holders to contribute to the overall deposit of a chain without any counterparty risk.
 
 ### Problems