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PLU Rewards Pool: Final Reconciliation & Burn Schedule
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This article presents the final reconciliation of the PLU Rewards Pool and outlines the upcoming burn schedule, aligning with Plutus' long-term vision for a sustainable, utility-driven token ecosystem. It marks a crucial step toward enhancing transparency and delivering greater benefits to our customers.
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)
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.
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.
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.
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.
Note: All confirmed PLU burns have been completed. Any projected burn estimates remain unconfirmed unless officially announced.
While unconfirmed, our target is to reach a 13.8M PLU total supply.
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.
Added (25/06/2025)
As part of our ongoing efforts to increase PLU’s rarity through utility, we’re completing the final burn of 3 million PLU from the Plutus treasury held in the Rewards Pool, on 20th July 2025. This will mark the completion of all 3 scheduled burns for 2025, a key milestone in reducing future circulating supply, with no new emissions planned.
The confirmed 3/3M PLU burns are now permanently executed.
Any unconfirmed burn estimates remain pending until further notice.
The remaining PLU held by the treasury is reserved for growth-focused initiatives, including:
All future PLU treasury movements will be transparently listed here:
1. Movement 1
2. Movement 2
⚠️ Important Note:
Plutus created the Reward System for customer loyalty and growth and remains its proprietor. While unconfirmed burn figures remain a target, we plan to execute them using PLU already in circulation through connected wallet utilities after licensing is completed. This approach aims to ensure that any future burns reduce the circulating supply and support the ecosystem, rather than impacting PLU reserved for growth initiatives.
Transactions from the Plutus Treasury are allocated towards the growth initiatives outlined above. Some transactions involve third-party promotional partners, including market makers, who may also receive other digital assets not listed here (e.g., USDC) for liquidity provision and market depth on third-party platforms. To ensure transparency and accountability, all such transactions undergo third-party verification and oversight by our regulated UK accountants, Haggards Crowther.
Plutus collaborates closely with third-party specialists, including firms in accountancy, legal, and self-custody services, to uphold the integrity of the rewards system our customers value.
Historical Card Rewards Reconciliations: https://www.plutus.it/help/rewards-pool-reconciliations
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
Plutus is transitioning to a dual-token system to support long-term growth and utility.
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
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.
