In a large pot, melt the butter over medium heat. Add in the marshmallows and stir until they’re melted and gooey. Remove from heat and add in vanilla extract, and keep stirring until everything is smooth.
Immediately stir in the Rice Krispie cereal. Mix it all up until the cereal is fully coated.
Press the mixture down slightly into a greased 9x9 pan with a buttered spatula to create your base layer.
Allow the rice krispies to sit at room temperature until set (approx 20 minutes). Cut into 12 rectangular pieces.
In a small microwave-safe bowl, melt white chocolate chips and coconut oil.
Grab one piece at a time and dip the top third into melted white chocolate. Then dip straight into some red sprinkles to create Santa’s iconic hat.
If you don’t have a perfect white line under the red sugar for the hat trim, no worries! Use a spoon to add a little extra white chocolate, then press in some coconut flakes with your fingers to get that fluffy hat .
Next, use your spoon to add another strip of white chocolate to the bottom quarter of the treat for Santa’s beard. Press more coconut in to complete the look.
Now for the face: Dab a tiny bit of white chocolate on the backs of two candy eyes and stick ‘em right in the middle of your treat. Add a little more white chocolate to a red candy and place it below the eyes for his jolly nose. Voilà—Santa is ready to sleigh!