Instructions

  1. Butter a 9-inch square baking pan.
  2. In a large saucepan, melt butter, marshmallows and peanut butter over low heat, stirring constantly until melted.
  3. Remove from heat and stir in Cheerios and peanuts.
  4. Pour into prepared pan, and pat down evenly with buttered hands.
  5. Cool completely before cutting into squares.