01 -
Pull together the cereal, chocolate, butter, peanut butter, and vanilla so they're ready to use.
02 -
Mix the peanut butter with the chocolate chips in a bowl. Heat it in the microwave for 30 seconds at a time, stirring between heatings, until it's smooth.
03 -
Mix the melted butter and a bit of vanilla into the chocolate peanut butter mixture, giving it a good stir until it's all combined.
04 -
Carefully pour the chocolate mixture over the puffed rice cereal in a large bowl. Toss gently to coat all the pieces evenly.
05 -
Spread the coated cereal mixture onto a tray and leave it alone to cool until everything firms up.
06 -
Dump the cooled pieces into a resealable bag with powdered sugar. Shake lightly so all the pieces get a good coating. Sprinkle it on top if you'd like instead.
07 -
Slice it into portions, and they're good to munch on.