FDV definition

FDV means “Fully Diluted Value”. As applied on this Schedule 2: ● FDV Frame is the theoretical total market capitalization of all Frame tokens if every token that will ever exist were in circulation today, so FDV = Current Token Price × Maximum Total Supply ○ Current Token Price is the price per Frame token on C▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ (or its successor) ○ Maximum Total Supply is comprised of: ■ Circulating supply (Frame tokens already in market) ■ Locked/vesting Frame tokens (team, investors, advisors) ■ Treasury/foundation Frame token reserves ■ Frame tokens allocated to ecosystem/grants not yet distributed ■ Any Frame tokens scheduled to be minted per the tokenomics schedule