Pluton (PLU) is a reward token of a decentralized payment application for paying for products with bitcoins or ethers. To do this, you need to download the required amount of cryptocurrency into the application and bring the phone to the payment terminal to make the payment. The PLU token is awarded to users as a reward for making purchases using the app.

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An upgrade that involves adjusting the difficulty of Plutus’ Reward Levels over time to enhance the longevity of PLU Rewards.

Pluton Rewards | Difficulty Adjustment

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Difficulty Adjustment | Limited Time Extension!
Guess what? We’re giving you an extra 30 days to unlock your preferred Reward Levels!
That’s right, the first Difficulty Adjustment will now take effect on 1st July 2023 (previously 1st June) to give customers one last opportunity to upgrade. From 1st July onwards, the amount of PLU required to unlock a Reward Level will increase (view table below for details).

🗓 Does this impact the calendar?
The rest of the calendar remains the same (i.e. the dates are not moved back, the Q2 adjustment is merely being skipped to give customers more opportunities to upgrade).
Please refer to the image below for calendar details.

❓ What is the Difficulty Adjustment?
To further increase the longevity of the Pluton Rewards Pool, the amount of PLU required to unlock a Reward Level increases over time.

🔓 What happens if I unlock a Reward Level?
Once you have unlocked a Reward Level, it is grandfathered in and will no longer be subjected to future Difficulty Adjustments. This benefits early adopters of Plutus.

For more details, refer to our blog:
https://medium.com/plutus/pluton-rewards-difficulty-adjustment-f4d9cb0847ee

Difficulty Adjustment | Limited Time Extension. Guess what.