issue[459]: Modify the readme

[opencmit2]

Description

Add the description of the lifecycle configuration parameters in the README.md file

Issues Resolved

issues[459]

Check List

• [ ] Commits are signed per the DCO using --signoff

For any changes to files within Helm chart directories:

• [x] Helm chart version bumped
• [x] Helm chart CHANGELOG.md updated to reflect change

By submitting this pull request, I confirm that my contribution is made under the terms of the Apache 2.0 license. For more information on following Developer Certificate of Origin and signing off your commits, please check here.

[opencmit2]

There are 2 commits incorrectly signed off. This means that the authorls) of these commits failed to include a igned-off-by line in their commit message