Crypto has been evermore adopted within our lives. There are numerous ways to generate passive income without having to trade or in some cases even invest anything.

Cryptocurrency Credit Cards seem to be the new thing. The rewards for all crypto cards are exponentially better than traditional finance cards for which you usually even have to pay a fee to use.

Cashback Rewards

This is where PLUTUS and the PLU token come in. PLUTUS offers cashback deals of a current minimum of 3% with some rewards reaching up to 15% for certain retailers. Most importantly these are not only small time companies that you can get cashback from, in fact big companies such as NIKE APPLE LENOVO AMAZON LOGITECH and many more are included within the list.

Non-Custodial Decentralised Staking

Other than the amazing rewards offered by the card another thing that puts this card in first place when it comes to crypto cards is that it offers decentralised staking. What this means is that your funds (both the funds you stake and those you use to buy goods) are stored on the wallet of your choice such as METAMASK. This means that you are in full control of your wallet, unlike the other cards for which you have to keep your funds on the platform of the cards company itself.

Tokenomics

Tokenomics of the project are very reasonable and aimed for a long term future. A max supply of 20m PLU with the remaining 17.15m PLU reserved for the PLU Reward System, the source of the 3% PLU Cashback rewards. The emission rate is variable depending on the volume of the PlutusDEX.

Furthermore, to facilitate long term healthy growth the PLU reward rate is deflationary, meaning as usage grows, the rate at which PLU is emitted decreases. This model ensures scarcity while making it even more profitable for early adopters.

As the volume of the PlutusDEX remains 30BTC or less, the reward rate will always be 3%. Following that, every increase of 0.1BTC results in a 0.0165% reduction in the reward rate up to a minimum rate of 1%.

Team and Community

PLUTUS as a company has a long way to grow it is relatively new both in marketcap and age and they are definitely doing all things right. Constantly developing their platform to the needs of their customers. Very high community engagement and excellent customer service with several rewards being shared other than their staking rewards and cashback. The team has a combined experience of over forty years in payments, financial trade, and software development, the Plutus team is more than well prepared to revolutionise the usage of crypto-assets.