PLU Rewards Pool: Final Reconciliation & Burn Schedule

Introduction

All reconciliations are conducted in collaboration with a regulated third party, Haggards & Crowthers, to ensure the security and transparency of our ecosystem.

Between 1st July 2024 and 8th April 2025, Plutus cardholders collectively spent approximately $190M (equivalent in their local currencies), earning around $13.78M in tangible savings through in-app PLU Rewards.

Please refer to the full verification report: PLU Rewards Pool | Final Reconciliation (#11)

Final Reconciliation Overview

The Pluton Rewards Pool was conceptualised in 2015 and minted in 2016, with its final emission set for 2025. This makes PLU one of the rarest and longest-standing on-chain reward systems with real-world utility from the early days of blockchain.

Since inception, Plutus has served nearly 200,000 customers (UK & EU) in all-time signups, delivering an estimated $58M in in-app savings through PLU rewards, based on internal issuance data since the first reconciliation.

Current Stats

• Original PLU Rewards Pool: 20,000,000 PLU
• PLU Rewards Paid Out to Circulation (2015–2024): 11,393,113 PLU

Reconciliation Breakdown

• Total Reserved for Rewards in Final Reconciliation (2024–2025): 6,128,064.09 PLU
• First Allocation for Payouts from Final Reconciliation (April 2025): 1,606,887 PLU
• Total Circulation After Allocation (April 2025): 13,000,000.00 PLU
• ‍Total Remaining in Rewards Pool (April 2025): 7,000,000 PLU

⚠️ Important Note:

The remaining 7M PLU includes a portion of the 6.12M reserved for earned rewards, independently verified by Haggards & Crowthers. It will not enter circulation immediately; only required amounts will be transferred to the Plutus Treasury Wallet based on payout needs, business requirements, or the burn schedule below.

PLU Burn Schedule

The burning of unallocated PLU will be executed over four quarters to ensure a transparent and sustained reduction. After the final reconciliation amount of 6,128,064.09 PLU from the original supply of 20,000,000 PLU Rewards Pool, 2,478,822.91 PLU remaining is confirmed to be burned starting in May 2025.

Phase 1 (Confirmed)

In this phase, the 2,478,822.91 PLU unaccounted for rewards will also include 521,177.09 PLU from the Plutus Treasury to bring the Q2 burn total up to 3,000,000 PLU.

Phase 2 & 3 (Estimates) 

Following the initial phase to burn unaccounted PLU rewards, additional burns will take place in Q3 and Q4 to eliminate any remaining unaccounted PLU that is not needed for payouts or other business requirements. The burn amounts are estimates for illustrative purposes only and are subject to change.

While unconfirmed, our target is to reach a 13.8M PLU total supply.

Symbolic Meaning of 13.8:

13.8 represents a blend of bold progress and enduring strength, where 13 (progress, rebellion, pushing boundaries) disrupts norms, and 8 (success, infinity, balance) fuels transformative growth in utilities and stabilises achievements.

⚠️ Important Note:

The burn figures for Q3 and Q4 2025 are estimates and are subject to change based on actual payout needs, evolving regulatory, or business requirements. These figures are provided for illustrative purposes only and should not be considered final. All burns will be executed on-chain, ensuring transparency, and will be publicly verifiable on the blockchain.

Strategic Impact

• Burn: End emissions with up to ~30% of Plutus-owned total supply burned.
• Emissions: PLU retains on-chain utility without new third-party payouts.
• Scarcity: PLU becomes rarer and is reserved for customers who already earned it.
• Protection: Capping supply helps stabilise and grow in-app utilities.
• Incentives: Reward allocations for stackers remain consistent and usable in-app.
• ‍Ecosystem: A predictable rewards model strengthens trust and long-term appeal.

Conclusion

The 'PLU Burn' marks the beginning of a new era for the Plutus ecosystem—prioritising longevity, empowering customers through decentralisation, and providing real-world utility without further emissions, PLUS More.

For more information, visit: https://www.plutus.it/help/rewards-pool-reconciliations

⚠️ Important Reminder:

Plutus retains full ownership of the Pluton (PLU) Rewards Pool and reserves the right to modify any details related to the burn, its estimates, or its future use for business or regulatory reasons, without prior notice. However, we remain fully committed to transparency and, as always, will ensure timely communication to keep customers informed.

FAQ

Why is this the final reconciliation and PLU Rewards Pool burn?

Plutus is transitioning to a dual-token system to support long-term growth and utility.

• PLU that has already been awarded to customers will continue to be used for stacking to progress Reward Levels, CRY and unlocking other in-app benefits. No new PLU will be emitted for rewards going forward.
• Dynamic Rewards will become the new reward system for everyday spending, providing direct, in-app savings and benefits on utilities.

This shift creates a clear separation between PLU (for stacking) and Dynamic Rewards (for earning and redeeming), simplifying the ecosystem and ensuring long-term sustainability.

For more details, please read: New Era for Stackers: Upgrade to Rare PLU