Detailed Breakdown of Pluton Tokenomics
PLU Distribution and Circulating Supply
- Pluton Rewards Pool: 11,444,388.09 PLU
- Circulating Supply: 8,055,611.91 PLU
- Plutus Development Fund: 500,000.00 PLU
Note: The funds from the Plutus Development Fund (0.50m) are held in storage alongside the Pluton Rewards Pool (11.44m) - EtherScan link (11.94m).
History of Circulating Supply:
- 2016: 0.85m PLU sold to raise funds for the project, raising circa $1m worth of BTC and ETH.
- 2020: Plutus launched the Pluton Liquidity Injection Program (PLIP), adding 1m PLU to circulation.
- Aug 2022: 0.25m PLU unlocked from the Developer fund for development and marketing.
- Aug 2023: Another 0.25m PLU unlocked from the Developer fund for development and marketing.
- Reconciliations: Remaining PLU in circulation issued to users as PLU Rewards and reconciled over time.
Pluton Rewards Pool (11.44m)
Every time someone spends with their Plutus Card, they earn a minimum of 3% back in PLU from the Pluton Rewards Pool. This pool is allocated entirely to the community and cannot be used for anything other than awarding Plutus Card shoppers with rewards.
Plutus Development Fund (0.50m)
During PLIP, 1m PLU was re-allocated to the Plutus Development Fund, becoming available incrementally for further app development and marketing.
