PRFC-17: Acquire Pepe's Game IP and $DT42 token allocation

1. Overview

The historical largest owner of $bPLS, and now Plutus core team contributors Pepe's Game ($PEG), are mostly merged to the Plutus organisation. For continuity and clarity we propose to allow Pepe's Game to disband their protocol and distribute their $xPLUTUS tokens to their token holders through whitelisted contracts designed and implemented for this purpose.

In addition to facilitating the distribution of and distributing the $xPLUTUS holdings we suggest to pay a premium based on the total holdings of Pepe's Game to acquire the rights to the intellectual property of Pepe's Game and their team allocation of $DT42 -tokens to centralise all efforts under Plutus and clear the history with the migration passing and continued efforts being funded by Plutus for the projects relaunch.

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2. Contract for whitelisted transfer

The xPLUTUS tokens themselves are the property of Pepe's Game and theirs to distribute as they wish. We propose this to be done through a contract that allows splitting and distributing the xPLUTUS according to the wishes of the Pepe's Game -team.

The counter option to the whitelisted xPLUTUS distribution contract is for Pepe's Game to vest their xPLUTUS and distribute the PLUTUS after the fact. This would delay the finalisation of the merger by at least 180 days.

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3. Acquisition of the intellectual property and $DT42 tokens

Considering the net value of Pepe's Game consists of its $xPLUTUS and $DT42 holdings as well as its intellectual property (IP), the remaining part after a whitelisted $xPLUTUS transfer to $PEG token holders is the IP and 2.1M $DT42.

$DT42

Market rates and key information of each token on 12:00 UTC-0 November 4th described in the table below pre-purchase.

Token	Price	FDV	MCap	Float %
$DT42	$.0055	$231k	$219k	95%
$PLUTUS	$.0254	$3.30M	$1.98M	60%

The 2.1M $DT42 tokens at Nov 4th value total $11.5k and would be equivalent to 455k $PLUTUS.

Market rates and key information of each token based on Nov 4th values in the table below post-purchase assuming 2.1M $DT42 is exchanged for 455k $xPLUTUS.

Token	Price	FDV	MCap	Float %
$DT42	$.0055	$231k	$208k	90%
$PLUTUS	$.0254	$3.30M	$1.97M	59.7%

This would mean we keep 5% of liquid $DT42 float in protocol treasury against .3% of $PLUTUS total tokens in the form of $xPLUTUS.

Intellectual property

The items considered Pepe's Game -IP are outlined in the table below with an approximate effort estimate attached to them for approximate valuation purposes.

Item	Value in man hours	Value for Plutus (at current discounted rates)
Deep Thought code-base (PEG-half)	2-3 months	$10-15k
MoonVaults	4-8 months	$20-40k
Binary options trading + game variations	2 months	$10k
Leveraged LPs infrastructure	5-6 months	$25-30k
ERC-20 -lending infrastructure	2 months	$10k
Total	15-21 months	$75-105k

The direct utilisation of these are:

Deep Thought being rolled out to BNB chain with chain BD request for more agentic platforms to be pushed there. Incentives are in co-marketing and connections inside the ecosystem.

MoonVaults are an unlock to leveraged trading on prediction markets as arbitrage / optimisation plays. This would be useful for plvPREDICTION or underlying strategies for plvHEDGE.

Binary options and gameified trading can be plugged into products in the future. Not necessarily the first actionable item but a quick value-unlock.

Leveraged LPs are the backbone of lp.fun for which there is also potential whitelabeling demand in addition to the novel product leveraged LP farming is.

ERC-20 -lending infra enables fast track on plvBORROW which could be a means of getting ease-of-access to lending / borrowing markets for plsASSETs and plvASSETs.

Overall the combined boost to time to value can be estimated as approximately 18 months of combined man hours or 3-6 months as a full team-effort and focus.

This, in current dev costs at the discounted rates Plutus runs, is approximately $90k worth.

Measured in $xPLUTUS at November 4th rates, this would total 3.54M tokens. However, in these amounts the low float token cannot be measured directly at current market rates.

We know there is interest in call options starting around a $.10 mark upwards at which rate this would amount to approximately 900k $xPLUTUS which is closer to the rate the Plutus team suggests to be added as a premium on $PEG - also considering the fact that IP as-is can't be measured at a monetary rate but needs effort to be monetised.

Conclusion

Considering swap rates of tokens and the opportunity cost of Pepe's Game's IP, a maximum distributed price of 945k $xPLUTUS for the acquisition of Pepe's Game, including $DT42 tokens and IP, is proposed.

This amount would be distributed in four quarterly batches based on relative $xPLUTUS holdings compared to the initially distributed $PEG.

In other words: *If approved by the DAO, the payment of 945k $xPLUTUS will be distributed in four equal batches of 236.25k $xPLUTUS each starting on December 1st and distributing every 3rd month through March 1st, June 1st, and ending September 1st 2026.

Each batch is distributed based on a weighted share according to the initial redemption of $PEG to $xPLUTUS. In addition, each individual's $xPLUTUS batch is weighted by their remaining $xPLUTUS.*

Example of distribution

Alice and Bob have claimed their shares of $xPLUTUS. Alice has vested out of half their remaining $xPLUTUS for each batch of distribution and Bob hold a position equal to their original $xPLUTUS claim.

Alice (Vests 50% of remaining $xPLUTUS each quarter)

Date	$xPLUTUS balance	Size of batch
12/2025	2M	118.1k
3/2025	1M	59.1k
6/2025	500k	29.5k
9/2025	250k	14.8k
Total	250k	221.5k

Bob (keeps initial $xPLUTUS)

Date	$xPLUTUS balance	Size of batch
12/2025	2M	118.1k
3/2025	2M	118.1k
6/2025	2M	118.1k
9/2025	2M	118.1k
Total	2M	472.4k

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4. Timeline

Voting is live until 12:00 UTC Sunday November 9th.

Provided this proposal passes, a whitelisted $xPLUTUS distribution contract will be made available starting December 1st 2025.

Provided the acquisition of Pepe's Game's $DT42 and intellectual property is approved, an additional distribution of 945k $xPLUTUS token is facilitated by the Plutus team in four equal batches weighted by portion of $xPLUTUS remaining as described above.

5. Proposal

Facilitate the distribution of Pepe's Game's $xPLUTUS to their $PEG holders.

Provided the acquisition of Pepe's Game's $DT42 and intellectual property is approved, an additional distribution of 945k $xPLUTUS token is facilitated by the Plutus team in four equal batches weighted by portion of $xPLUTUS remaining as described in section 5.

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6. Voting Options

FOR ALL: $xPLUTUS whitelisted distribution and acquisition of IP and $DT42 tokens FOR PART: $xPLUTUS whitelisted distribution only, leaving $DT42 and IP to be sold by Pepe's Game to another bidder AGAINST ALL: $xPLUTUS distribution and acquisition of any IP or tokens. ABSTAIN: Count toward quorum without taking a stance