20m PLU were produced for in-app usage in 2016.
850k (4.25% of the total supply) were sold to raise funds for product development that same year. Plutus raised circa. $1m from this initial crowd sale.
In 2020, 2m PLU were re-allocated from the Pluton Rewards Pool to the Plutus Development Fund. This is being utilised for liquidity improvements via several exchange listings/sales and market makers. Much of this PLU is time-locked across the next two years. Our complete road map and a full breakdown can be found here: https://medium.com/plutus-it/pluton-liquidity-injection-programme-4b7670dae509
The remaining 17.15m is reserved for the Pluton Rewards Pool. Every time a user spends with their Plutus Debit Card, they earn 3% of the purchase back in PLU which comes from this Pool. The lifespan of this rewards programme is expected to last decades. To see how much PLU you can earn per month, and for full details of the reward pool longevity, visit here: https://plutus.it/pluton-calculator
Token Vesting Schedule
30th Jun 2016 = 850k PLU (Original Crowd Sale)
Initial crowdsale to help fund development
Sep 17th 2020 = 1m PLU (Re-allocated from Pluton Rewards Pool)
Token allocation from rewards pool to development fund for PLIP
Sep 17th 2020 = 1m PLU (Locked in deep-cold storage)
Dec 14th 2020 = 100k PLU (PlutusDEX sale lock-up period ends)
Sep 30th 2021 = 500k PLU (Unlocked to Plutus Development Fund)
Sep 30th 2022 = 500k PLU (Unlocked to Plutus Development Fund)
We hosted a low-cap sale of 100k PLU on our internal PlutusDEX (this comes from the Sep 17th 1m re-allocation) in order to increase the liquidity of PLU by increasing the number of hodlers. The sale carried a two-month lock-up period which ends on Dec 14th 2020.
On Sep 17th, an additional 1m was locked away in deep cold-storage, half will be released in 2021 and the other half in 2022.