Mix in bowl in microwave for 1 minute; stir. Microwave 1 1/2 minutes. Stir. Microwave 1 1/2 minutes. Add 1/4 teaspoon baking soda and 1/4 teaspoon vanilla.
In a paper bag, dump 1 box Crispix, 1 can peanuts, then dump the sauce from the microwave and shake in the bag until all is lightly coated. Pour out of bag into pan and let stand till cool.
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