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| Pluton 
| #PLU
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| PLU Price: | $9.79 | | Volume: | $173.8 K | | All Time High: | $33.49 | | Market Cap: | $30.9 M |
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| Circulating Supply: | 3,154,286 |
| Exchanges: | 7
| | Total Supply: | 20,000,000 |
| Markets: | 7
| | Max Supply: | 20,000,000 |
| Pairs: | 6
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The price of #PLU today is $9.79 USD.
The lowest PLU price for this period was $0, the highest was $9.79, and the exact current price of one PLU crypto coin is $9.79169.
The all-time high PLU coin price was $33.49.
Use our custom price calculator to see the hypothetical price of PLU with market cap of ETH or other crypto coins. |
The code for Pluton crypto currency is #PLU.
Pluton is 6.7 years old. |
The current market capitalization for Pluton is $30,885,805.
Pluton is ranked #382 out of all coins, by market cap (and other factors). |
There is a medium volume of trading today on #PLU.
Today's 24-hour trading volume across all exchanges for Pluton is $173,804. |
The circulating supply of PLU is 3,154,286 coins, which is 16% of the maximum coin supply.
A highlight of Pluton is it's limited supply of coins, as this tends to support higher prices due to supply and demand in the market. |
| Note that there are multiple coins that share the code #PLU, and you can view them on our PLU disambiguation page. |
Sustainability of PLU Rewards
Plutus customers have spent $300m in value with their Plutus Cards in the last 6 months, resulting to ~$7.5m worth in PLU Rewards, all whilst stacking more than 2.4m PLU to reach one of the higher reward levels. — Where Do PLU Rewards Come From? - Plutus created 20m PLU in 2016 to disrupt the traditional reward systems such as in-store reward cards by major retail brands or Avios Air Miles where your rewards are stuck within a single universe. The goal was to empower people by providing self-custodial rewards and give our customers the freedom to use them as they please. We achieved this! PLU enters into circulation from the Pluton Reward Pool which currently holds the remaining 16.8m PLU (84%) out of the 20m total supply. — How Are PLU Rewards Sustainable? - Over the last year, Plutus’ user base has grown exponentially due to increasing demand for higher reward rates. As a result, our customers are now stacking over 77% (2.4m/3.1m PLU) of the circulating supply to access additional Plutus Card benefits. This marks a significant increase from the previous year, where the figure was around 25%. The rate of users stacking PLU (i.e. demand) has outpaced the rate of new PLU entering circulation (i.e. circulating supply) in the past 12 months. This is a crucial metric that we monitor. As a result, we have continued to see stable and sustained growth of PLU Rewards over the last 3 years since Rewards 2.0 (Novemb... 
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Important Update | PlutusDEX Paused (EEA)
Over the last three years, research has shown that Pluton Rewards are the most demanded feature out of Plutus’ product family. As a result, we have prioritised delivering one of the most rewarding debit cards on the market, offering up to 8% in crypto rewards and access to 20+ in-demand Perks (household brands). Plutus is now expanding and strengthening the robustness of its bank-like features, including a new partnership with the highly reputable and UK-regulated Payments-as-a-Service provider, Modulr — the details of which can be found here. New Banking Partner | Modulr Part of this system enhancement also includes redefining our DEX base layer and upgrading our tech stack so that you can enjoy fault-tolerant crypto-to-fiat swaps with higher swap limits and efficient order matching. Between 1 March 2023 and 30th June 2023, the PlutusDEX will be paused and the following two features will become unavailable: DEX Swaps between crypto/fiat, Card top-ups with crypto, — What improvements will I see? - During the aforementioned dates, Plutus will enhance much of the PlutusDEX so that you can experience a faster, more intuitive, flexible, and robust service. This is a necessary step towards our goal of delivering the best-in-class Crypto-Fiat DEX on the market. We’re also aware that there are steps we can take to educate mainstream users on self-custody wallets and we aim to do exactly that by adding in-app guid...
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New Banking Partner | Modulr
To provide the complete set of features that many of our customers know and love, Plutus works with various third parties including a banking partner. Our banking partner provides and manages your Plutus current account. Plutus is moving from one of its current banking partners, Clear Junction, to a new and improved banking partner, Modulr. Plutus is making this change so that customers can enjoy a more reliable and abundant range of bank-like features. This means providing all existing customers with new current account details (i.e. a new UK Sort Code & Account Number or European IBAN). New accounts will be rolled out to users in batches to ensure a smooth transition. Customers will be notified individually via email, push notifications, and in-app messages regarding their new account details over the coming weeks. — What do I need to do? - You do not need to do anything! Plutus will do everything for you behind the scenes. Your existing account details will become void upon receiving your new account details. This means any future deposits to your previous current account will bounce and the funds will be kicked back to your originating bank account. If your previous Plutus account details are saved in another banking app (e.g., for depositing money to Plutus), remember to replace these with your new account details upon receiving them. — How does this benefit me? - Customers will receive access to th...
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Rewards Pool | Balance Reconciliation (#3)
In the last ~5 months, Plutus has awarded $6.3m worth of rewards to Plutus Cardholders. On 6th February 2023, Plutus will transfer just over 590k PLU from the Pluton Rewards Pool to account for rewards awarded to customers. To help you understand the breakdown of transfers, here is an update on the new payout structure moving forward. — New Payout Structure - To further strengthen the integrity of Pluton Rewards, Plutus has integrated Fireblocks, a self-custody and settlement platform. This is the first step towards our 2023 mission to automate the verification and withdrawal processes of PLU Rewards. Fireblocks will contain a new ‘Pluton Rewards (Payout Vault)’. This will act as a more secure and efficient interim between the Pluton Rewards Pool (deep cold storage) and withdrawals to customers’ personal wallets. Transfers from both of these wallets will require multi-signature approval between the Plutus management and regulated third parties such as accountancy and law firms; as well as external verification of proprietary card transaction data. These measures are unprecedented in the space and are taken to reduce the risk of a single point of failure, improve security and accountability, and maximise transparency for customers. — The Reconciliation - Between 8th August 2022 and 20th January 2023, customers earned exactly 590,880.31 PLU for rewards and Perks. Plutus will now reconcile the balance and tra...
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Pluton Rewards | Difficulty Adjustment
This year, Plutus exceeded all expectations. Whilst the rest of the market suffered one of the harshest bear markets to date, Plutus tripled its user base and PLU grew +80% in comparison to mega-cap tokens due to its utility. The tokenomics have performed well over the last 12 months and the following update will enhance this further, ensuring the long-term sustainability of PLU Rewards. More details on the current tokenomics > — The Goal - To further increase the longevity of the Pluton Rewards Pool, To add value to early adopters of the Plutus Card, — The Update - Adjust the difficulty of Plutus’ Reward Levels over time. The PLU requirements for each Reward Level will increase incrementally. This is similar to how the Bitcoin Halving is used to manage supply and demand. Once you have unlocked a Reward Level, it is grandfathered in and will no longer be subjected to future difficulty adjustments. Important Note: Your PLU balance must still remain above the grandfathered requirements to keep that Reward Level. See FAQ at the end for more details. — The Rationale - Reward Levels become more challenging to attain over time — fewer users reaching higher Reward Levels will decrease the rate at which PLU is emitted over time., Demand for PLU rises as Plutus’ user base grows and additional utility is added. This results in more users trying to reach higher reward levels — any positive ...
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Pluton | Tokenomics Explained
What is Pluton (PLU)? - Pluton is the world’s first crypto rewards token. The white paper was released soon after the Ethereum blockchain launched in 2015. Every time you shop with a Plutus Visa Debit Card, you earn Pluton (PLU). Think of it as similar to earning in-store reward points or Avios Airmiles with an AMEX, except it’s crypto tokens that have more versatile use cases. A detailed yellow paper on tokenomics was also released in 2017. The rewards model was later improved with the launch of Rewards 2.0 in 2020. — What Can You Do With PLU? - — 1) Unlock More Perks. — Hold PLU in your own wallet and enjoy up to 8 Perks of your choice. — 2) Unlock Higher Rewards Rates. — Hold PLU in your own wallet and increase your Crypto Reward rate to 8%. — 3) Convert it into Fiat. — Unlike traditional loyalty programmes, PLU has a fiat value determined by other Plutus customers and can be swapped for GBP/EUR. — How Much PLU Can I Earn? - The more PLU you own, the more benefits you unlock. This is broken down into four distinct Reward Levels, with each requiring users to own a certain amount of PLU. — Minimum Rewards (0 PLU Required). — 3% PLU Rewards, 1 Perk, — Maximum Rewards (2,000 PLU Required) — GOAT. — 8% PLU Rewards, 8 Perks, — How Do Customers Acquire PLU for Higher Reward Levels? - There are two main ways that customers ac...
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Update | PlutusDEX on Mobile
A new and improved version of the PlutusDEX has been released on mobile for EEA-region customers! So, what new features can you enjoy? — What’s New? - — 1) User Interface. — EEA customers can now swap crypto (ETH, PLU) and fiat (EUR) on the move via any mobile device. All PlutusDEX screens have been revamped so that you can enjoy a slicker user experience. — 2) Non-Custodial. — Customers can connect their personal crypto wallet to the Plutus mobile app without revealing their seed phrase or private keys. This provides you with heightened security and further aligns Plutus with its non-custodial values. — 3) More Supported Wallets. — The mobile PlutusDEX will now support 170+ wallets including MetaMask, Trust Wallet, MyEtherWallet, and other popular options! — Why is the PlutusDEX Unique? - There are three features to the PlutusDEX that make it one-of-a-kind. — 1) Crypto-Fiat Swaps. — The majority of DEXs offer only crypto-crypto pairings. Plutus is one of the only DEXs on the market that allows you to swap crypto-fiat — a very rare feature. — 2) Mobile Compatible. — Similarly, most DEXs are only available on desktops. A peer-to-peer exchange that allows you to swap crypto and fiat from any mobile device whilst retaining sole control over your private keys is highly uncommon. — 3) Card Top-Ups. — Not only does the PlutusDEX allow you...
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Update | Plutus Cards Are Back In Stock!
It’s time… Plutus Cards are back in stock! — Instructions for Waitlist - For us to dispatch your Plutus Card, please log in to the mobile app and confirm your delivery address — the process takes just 10 seconds! Your personalised card will immediately be dispatched upon confirmation and should arrive between 3 to 14 days depending on your location. Confirm delivery address here > — Instructions for New Users - If you have yet to create an account, then download the app here to get started! Once you have downloaded the app, follow the steps displayed on-screen to create an account — your card will be shipped upon completion. Download the app here > — Need Assistance? - If you have any questions or need assistance, please contact Support here and we will respond within 24hrs. Once you’re signed up, we recommend having a read of our Complete Beginners Guide here which explains the following and more! How to select your Perks, How to top-up your Plutus Card, Which Subscription Plan to choose, Alternatively, join us on Discord and one of our helpful moderators may be able to assist you sooner. Update | Plutus Cards Are Back In Stock! was originally published in Plutus on Medium, where people are continuing the conversation by highlighting and responding to this story.
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Plutus Roadmap | 2022 (Q3 Progress)
In June 2022, we released our roadmap outlined below. This highlighted our pivot towards a more advanced bank-like app. 3-months after posting, how has Plutus progressed? — Additional Service Providers - Plutus has partnered with an established banking service provider which will allow us to offer you a range of new features including: Virtual cards, SEPA — instant top-ups 24/7, Send money directly to others (e.g. friends), Receive money directly from others (e.g. salary), Current account and card balances combined into one, Direct debits, Standing orders, The integration with our new partner is well underway and, in 2023, cardholders will be transitioned over several months onto the new and improved version of the Plutus app. — International Expansion - Plutus recently revealed that it will be launching in the United States in Q1 2023. We are working with our New York-based partners, Prepaid Ventures, to supply Plutus Cards to U.S. residents early next year. Separately, Plutus is obtaining the necessary licenses to operate the Rewards and DEX component of its services across numerous states. If you live in the U.S., enter your email address below to join our waitlist and receive early access to a Plutus Card. Join United States Waitlist > — DEX on Mobile (EEA Only) - Plutus is releasing a new and improved version of the PlutusDEX on mobile — this will go live before 10th October. &...
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Update | Reduced PLU Withdrawal Fees (07/09/22)
Plutus has reduced its PLU withdrawal fees! As of 7th September 2022, 11:30 BST, PLU withdrawal fees have been reduced as follows. Although Layer-2 is well underway, we wanted to provide the community with fairer PLU withdrawal rates that are more in line with current Ethereum gas fees. As the Ethereum network is currently less congested, Ethereum network gas fees have been reduced. As a result, Plutus is now offering users reduced PLU withdrawal fees as well— this will ensure the rewards you have earned so far will go that little bit further! We will continue to monitor and update PLU withdrawal fees based on market conditions. If you have any questions, please open a Support ticket here, or join us on Discord or Telegram for the fastest response times. — FAQ - — What will happen if the gas fees increase or decrease significantly?. — Plutus will continually asses gas fees and set PLU withdrawal rates that are fair towards its customers and Plutus as a business. It is worth noting that Plutus is currently adding PLU to the Polygon blockchain which will offer PLU transfers at even lower costs. — Are PLU withdrawal fees the only fees that are changing?. — No, Plutus will be improving several other card-related fees in the future. Card-related fees require approval from our third-party banking partner and are currently under review. Once these have been approved, we will share an update via e...
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 | Demand for Plutus Card's 8% Crypto Cashback Release Explodes After...
If there is any way to bring in customers that is almost foolproof, it is through bonuses, rewards, and perks. Different industries have done this for years and now, it seems that Crypto is doing the same.
As more people are enthusiastically embracing cryptocurrency, many more firms in the FinTech space are offering rewards, and experiencing positive consumer results.
One of the latest examples of this is Plutus, a Crypto finance app that, on March 31, 2022, launched a new rewards programme that offers up to 8% cashback for shopping with a Visa Debit Card.
Plutus on the Rise
The recent update, which the company, termed Rewards and Accounts 2.0, includes the release of 3 new subscription plans and 4 new staking levels. These subscription plans and staking levels determine how much cashback you get (up to 8%), and also how many Perks you get.
Alongside the 8% cashback, the company recently introduced their revamped Perks programme, offering around 20 Perks including up to 100% rebates on Netflix, Spotify, Prime, Apple One, Disney+, and so on.
The timing of the announcement was also rather interesting as Crypto.com, which had a similar crypto card, announced the slashing of its rewards by about 70% shortly after on May 1, 2022. The response to this was Crypto.com’s native token, CRO, dipping by more than 30% within a week of the announcement.
In fact, the company received so much criticism and backlash from its customers that it had to walk back on its decision, though the...
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