Although the treat is made with simple ingredients, it takes some time to set. First, combine your puffed rice cereal with warm honey, sugar, vanilla extract, and peanut butter.
Then place your mixture in a pan lined with parchment paper. Coat it with melted chocolate and butterscotch, and refrigerate for at least two hours to let it set.
Feel free to experiment with the recipe by adding sea salt, marshmallows, shredded coconut, chopped nuts, a splash of bourbon or Scotch, or whatever you please.