> For the complete documentation index, see [llms.txt](https://docs.deepwork.studio/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.deepwork.studio/teams-departments/operations/roles/financial-controller/reinvest.md).

# Reinvest

{% hint style="info" %}
Only available to Charlie and Andrej in testing and for legal reasons
{% endhint %}

## Mechanism Description:&#x20;

a) Charlie or Andrej can choose not to take payments out of Deep Work and the money is moved to the treasury by an **reinvestment mechanism.**&#x20;

b) The amount stays on Deep Work's as a **balance sheet as an a liability with interest**.&#x20;

c) They can then get repaid the amounts on a **trigger event**.

### **Reinvestment mechanism**

* In Deep Teams application, Andrej or Charlie put their payment as "Charlie Invest" or "Andrej Invest"&#x20;
* When the payment is made, this deposits the funds in a 0xSplit controlled by the treasury SAFE, this means their is a record on chain of any deposits.&#x20;
* Once per month, the Finance Director will distribute the funds from the 0xSplit to the treasury.&#x20;

### **Balance sheet as an a liability with interest**

* The amounts are recorded here: [Reinvest Balance Accounts Sheet](https://docs.google.com/spreadsheets/d/1Hlsz3B3eoEYPQv6gCvnBlsujtO8A4jPCWHKOjjZkM5s/edit#gid=42673631)&#x20;
* Interest rate is eurozone inflation monthly (annual rate divided by 12) from: [source](https://ycharts.com/indicators/eurozone_inflation_rate#:~:text=Eurozone%20Inflation%20Rate%20is%20at,long%20term%20average%20of%201.85%25.)

### **Trigger event**

* **When a monthly profit share is paid from the Deep Work treasury:**&#x20;

  Andrej and Charlie have the option to be repaid the reinvestment plus interest and a fee.
* Maximum amount: Equal amount to the profit share.&#x20;

  E.g. If profit share is $20,000, Charlie and Andrej can opt in to be repaid up to $20,000.&#x20;

  (this may require the profit share to be reduced)
* The amount to be repaid is:&#x20;

  1\) Total amount reinvested&#x20;

  \+&#x20;

  2\) Interest accumulated&#x20;

  \+&#x20;

  Fee of 40% of the total of 2)&#x20;

  This is their reinvestment tracks inflation plus any additional tax due from the gain in inflation.
* If both Charlie and Andrej want to be repaid, it's distributed as:&#x20;

  Individual owed / Charlie + Andrej owed&#x20;
* Andrej or Charlie have to send an invoice and make a payment request to the treasury or through the Deep Teams application.&#x20;
* The amount paid, minus the fee amount, is then taken off the Balance Sheet by the Finance Director.&#x20;

## Instructions:&#x20;

### Charlie or Andrej:&#x20;

* Inputting funds:&#x20;
  * Make sure you're getting payment to the correct user account in Deep Teams.&#x20;
  * Record the amount in [Reinvest Balance Accounts Sheet](https://docs.google.com/spreadsheets/d/1Hlsz3B3eoEYPQv6gCvnBlsujtO8A4jPCWHKOjjZkM5s/edit#gid=42673631) &#x20;

### Finance Director:&#x20;

* On a trigger event:&#x20;
  * Update the sheet with correct interest amounts&#x20;
  * Record any payments&#x20;

## 0xSplit addresses:&#x20;

Andrej: 0x973E0d2cA3a35b8bAb8662370b870490dF0C68d5

Charlie: 0xF926d9A77987B0Bf9187ef7BAe28BB37FA70D5cd&#x20;
