> For the complete documentation index, see [llms.txt](https://betoken.gitbook.io/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://betoken.gitbook.io/docs/manage-the-fund/how-is-a-basic-position-created.md).

# How is a basic order created?

Managers can start making investment decisions for the fund by staking some [Kairo tokens](/docs/manage-the-fund/what-is-kairo.md) when they create an order. Decisions are immediately turned into actual investments using the equation

$$investmentAmount = totalFunds \times \frac{decisionStake}{totalKairoSupply}$$   

During the Manage phase, managers can also sell any asset they invested in whenever they want at the current market price. After an asset has been sold, the fund's smart contract automatically determines how profitable the investment was and rewards/takes away Kairo based on the results. 

The amount of Kairos a user gets back after selling an asset is $$stake \times (1 + ROI)$$ , so if one of your investments had a 20% ROI (Return On Investment), you would get 20% more Kairo tokens back.

{% hint style="warning" %}
All investments should be sold before the end of the decision-making phase, or one's staked Kairos would be lost.
{% endhint %}

{% hint style="info" %}
Betoken uses [Kyber Network](https://kyber.network/) and DEX.ag as the token exchange platforms for executing all of its managers' investments.
{% endhint %}