diff --git a/LICENSE b/LICENSE
index cca2509..be3f7b2 100644
--- a/LICENSE
+++ b/LICENSE
@@ -1,15 +1,3 @@
-hey is dual-licensed.
-
-  1. Open source — GNU Affero General Public License v3.0 (AGPL-3.0), the full
-     text of which follows below.
-  2. Commercial — to use hey without the obligations of the AGPL-3.0 (for
-     example, in a closed-source or SaaS context), a commercial license is
-     available. Contact ahoy@42labs.io.
-
-Copyright (c) 2026 42labs.
-
-================================================================================
-
                     GNU AFFERO GENERAL PUBLIC LICENSE
                        Version 3, 19 November 2007
 
diff --git a/LICENSING.md b/LICENSING.md
new file mode 100644
index 0000000..b6edd47
--- /dev/null
+++ b/LICENSING.md
@@ -0,0 +1,17 @@
+# Licensing
+
+Copyright (c) 2026 42labs.
+
+hey is dual-licensed.
+
+1. **Open source** — [GNU Affero General Public License v3.0](LICENSE) (AGPL-3.0).
+   Use it, run it, modify it, self-host it. If you run a modified version as a
+   network service, the AGPL requires you to offer your users its source.
+
+2. **Commercial** — to use hey without the obligations of the AGPL-3.0
+   (for example, in a closed-source or SaaS context), a commercial license is
+   available. Contact <ahoy@42labs.io>.
+
+`LICENSE` holds the verbatim AGPL-3.0 text and nothing else, so that GitHub — and
+every tool that reads a licence by matching it — identifies the project correctly.
+The dual-licensing terms live here.