Ethereum GAS Fees (Dynamic Adjustments)

Plutus utilises the Ethereum blockchain to issue its native reward tokens, Pluton (PLU). The Ethereum network charges a dynamic GAS fee to securely verify each transaction.

To cover these GAS fees, Plutus includes a fee on PLU Rewards payout requests. These fees are dynamic and adjust periodically depending on the third-party network’s usage.

Important Note: Please note that advanced notice of updates to our PLU Payout fee (covering Ethereum GAS fees) is not included in our General Terms & Conditions due to the rapid and unpredictable nature of Ethereum usage.

This means adjustments to PLU Payouts may occur without prior notification, as they are subject to factors beyond our direct control. For live rates, please refer to the fee displayed in the app.

PLU Rewards Payouts (GAS Fee Adjustments):
[13 Dec 2023]: Payout fee adjusted due to GAS Fee increase (£/€7.50)
[05 Mar 2024]: Payout fee adjusted due to GAS Fee increase (£/€25.00)
[01 May 2024]: Payout fee adjusted due to GAS Fee decrese (£/€15.00)

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