@0xdavide

🪂In this thread, I'll do two calculations to see if the fees spent on Opensea waves are recoverable and what the break-even point is for airdrop supply. Just math, not scam gurus. I'll start by estimating a FDV of 1.5B (I know some might think this is low, but I'm basing this estimate on Polymarket). We know the community airdrop will be 25%. 🔹FDV: 1.5B (estimated with Polymarket). 🔹Airdrop supply (Market Cap): 375M (25% of 1.5B). 375M is the capital that will be distributed in airdrop with a FDV of 1.5B. We know there will be 2 airdrops: 1) Retro Airdrop (OG, pre-2025): based on volume/fees spent. 2) Airdrop (2025&Q1 2026): based on badges containing $Sea tokens (Beta, Voyager, Waves). We can assume 12.50% (OG) and 12.50% (2025). 12.50% of supply represents approximately 187.5M of the 375M (12.50% of 25%). The wave pools (50% of the fees spent) are made up of: 🔹Wave1: 12.2M. 🔹Wave2: 5.6M. 🔹Wave3: 4.2M. 🔹Wave4: 3.9M. 🔹Wave5: X. Fees to be recovered: 12.2M+5.6M+4.2M+3.9M+W5=30M.

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