Plutus | Subscriptions & Reward Levels Last week, we announced self-sustaining perks. Today, we are proud to unveil our initial plans for self-sustaining rewards, an iteration of our Subscription plans and Rewards Levels. The goal is to: Introduce a fair-value subscription plan. Lower requirements and increase participation in Reward Levels. Regulate emissions and improve the distribution of rewards. Add in-app utility to PLU. Subscription Plan Improvements Earlier this year, Plutus revealed a proposal for its new subscription plans, and we have made some k ..read more

Plutus has emerged as a leading innovator in the loyalty rewards sector, having distributed over $12m in rewards to more than 100k customers for their everyday shopping. Today, we’re excited to unveil our latest breakthrough. The Plutus Perks Programme In a landscape filled with attempts to build crypto cards, Plutus distinguishes itself through its non-custodial rewards card and distinctive Perks Programme. Customers can choose from a selection of ~35 premium Perks, including well-known names like Netflix, Spotify, and Amazon Prime. What sets this programme apart is the ability to earn an ex ..read more

Plutus has emerged as a leading innovator in the loyalty rewards sector, having distributed over $12m in rewards to more than 100k customers for their everyday shopping. Today, we’re excited to unveil our latest breakthrough. The Plutus Perks Programme In a landscape filled with attempts to build crypto cards, Plutus distinguishes itself through its non-custodial rewards card and distinctive Perks Programme. Customers can choose from a selection of ~35 premium Perks, including well-known names like Netflix, Spotify, and Amazon Prime. What sets this programme apart is the ability to earn an ex ..read more

Are you ready to embark on a journey where luxury meets captivating rewards? Plutus is thrilled to unveil its most prestigious offering yet — Plutus Metal Cards (pre-orders). Get ready to discover a whole new level of financial empowerment, status, and benefits like never before. Plutus Metal Available Metal Card Versions We proudly present two exclusive and alluring Metal Card designs: GOAT Metal — The pinnacle of prestige, awarded to esteemed GOATs. Plutus Metal — Gateway to yielding benefits, assigned to eligible users. With these cards, you’re not just acquirin ..read more

Within this blog, we delve into a comprehensive overview of the latest enhancements to our tokenomics framework. Stacking Data Across the past 6-months, stacked PLU figures have grown at a consistent rate. In July alone, 192k PLU was stacked bringing the cumulative stacked PLU figures to a record high. Over 80% of PLU in circulation (3.2m out of 4.1m) is now stacked by customers, and yet <5% of customers have unlocked a Reward Level. This trend highlights the impact a small number of customers can have on the un-stacked token supply. Plutus is now introducing several improvements outl ..read more

In 2022, Plutus tripled its user base, quadrupled revenue, and saw a record number of active users (the highest conversion rate on Solaris Bank’s records). We understand how important Pluton ($PLU) is to our product and the value it adds to our users’ experience. As part of our strategic vision, we’re now focusing on enhancing PLU’s tokenomics and long-term value proposition. This involves boosting PLU’s utility and rewarding those on a Reward Level for actively participating in the Plutus ecosystem. Goal To facilitate understanding, we are providing two essential data points: Statistic ..read more

As part of our long-term vision to further extend the longevity of PLU rewards pool, we announced the Difficulty Adjustment last year which went into effect last month. Currently, over 80% of the total circulating supply (4.1m) is stacked by Plutus Cardholders, both on and off-chain, and our data has shown that users are continuing to rapidly join higher reward levels. With that in mind, and given the low circulating supply of the token, we want to further increase demand for higher reward levels and amplify the expected supply shock. As Plutus continues on its journey of growth as a ..read more

In the last 5 months, Plutus Card holders spent over $160m in value and earned ~$8m worth of rewards. On 25th July, Plutus will reconcile the rewards and transfer balance from the Pluton Rewards Pool to account for rewards awarded to customers. The Reconciliation Between Jan 21st, 2023, and June 30th, 2023, customers spent 32,156,614.44 GBP and 114,413,958.44 EUR, and earned exactly 945,897.29 PLU for rewards and perks. Plutus will now reconcile the balance and transfer the 945,897.29 PLU out of the Pluton Rewards Pool into Pluton Rewards (Payout Vault). During the quoted dates, 377 ..read more

In June, our customers stacked an additional 191,716 PLU (57.8% on-chain), showing a noticeable steepening of the curve from February to the first Difficulty Adjustment on July 1st, 2023. We have experienced a significant upward trend starting from February leading up to the first Difficulty Adjustment. This highlights the growing interest from our customers in PLU on a monthly basis. Consistency is key! 3,089,154 out of 3,154,285 circulating supply is stacked in total, 67.6% (2,085,178 PLU) of these is by customers who are grandfathered in to earn higher rewards. 2,154,8 ..read more

Plutus cardholders can now enjoy 20 incredible new Perks! New Perks Whether you’re an avid gamer, supermarket shopper, or tech connoisseur, you are sure to find a perk that suits your needs. Enjoy up to £/€10 back in PLU rewards each month at the following brands! Albert Heijn Amazon Asda Burger King Carrefour ChatGPT Edeka Ikea KFC McDonald’s Mercadona OnlyFans Pingo Doce PlayStation Rewe Steam TFL Twitter Blue Xbox YouTube For our complete list of perks (35+), click here > Note: Previously, rewards varied for each perk. Now, all Perks will reward up to £/€10 back in PLU ..read more