[#928] Switch from MCap to FDV (price x max supply) on /airdrop and /token

lib/contracts/constants.ts

@@ -47,6 +47,9 @@ export const PLOT_TOKEN = (IS_TESTNET
 /** Human-readable label for the reserve token */
 export const RESERVE_LABEL = "PLOT";
 
+/** PLOT max supply (bonding curve cap) — used for FDV calculation */
+export const PLOT_MAX_SUPPLY = 1_000_000;
+
 // ---------------------------------------------------------------------------
 // Supported Zap input tokens (Base)
 // ---------------------------------------------------------------------------

package.json

@@ -1,6 +1,6 @@
 {
   "name": "plotlink",
-  "version": "0.1.34",
+  "version": "0.1.35",
   "private": true,
   "workspaces": [
     "packages/*"

src/app/api/airdrop/status/route.ts

@@ -41,28 +41,28 @@ export async function GET() {
   }
   const totalParticipants = uniqueAddresses.size;
 
-  // Milestone status
-  const currentMcap = latestPrice?.mcap_usd ?? 0;
+  // Milestone status — mcap_usd column now stores FDV (price × max supply)
+  const currentFdv = latestPrice?.mcap_usd ?? 0;
   const milestones = {
     bronze: {
       mcap: AIRDROP_CONFIG.MILESTONES.BRONZE.mcap,
       pct: AIRDROP_CONFIG.MILESTONES.BRONZE.pct,
-      reached: currentMcap >= AIRDROP_CONFIG.MILESTONES.BRONZE.mcap,
+      reached: currentFdv >= AIRDROP_CONFIG.MILESTONES.BRONZE.mcap,
     },
     silver: {
       mcap: AIRDROP_CONFIG.MILESTONES.SILVER.mcap,
       pct: AIRDROP_CONFIG.MILESTONES.SILVER.pct,
-      reached: currentMcap >= AIRDROP_CONFIG.MILESTONES.SILVER.mcap,
+      reached: currentFdv >= AIRDROP_CONFIG.MILESTONES.SILVER.mcap,
     },
     gold: {
       mcap: AIRDROP_CONFIG.MILESTONES.GOLD.mcap,
       pct: AIRDROP_CONFIG.MILESTONES.GOLD.pct,
-      reached: currentMcap >= AIRDROP_CONFIG.MILESTONES.GOLD.mcap,
+      reached: currentFdv >= AIRDROP_CONFIG.MILESTONES.GOLD.mcap,
     },
     diamond: {
       mcap: AIRDROP_CONFIG.MILESTONES.DIAMOND.mcap,
       pct: AIRDROP_CONFIG.MILESTONES.DIAMOND.pct,
-      reached: currentMcap >= AIRDROP_CONFIG.MILESTONES.DIAMOND.mcap,
+      reached: currentFdv >= AIRDROP_CONFIG.MILESTONES.DIAMOND.mcap,
     },
   };
 
@@ -72,7 +72,7 @@ export async function GET() {
     timeRemainingDays: Math.ceil(remainingMs / (1000 * 60 * 60 * 24)),
     timeElapsedPercent: totalMs > 0 ? Math.min(100, Math.round((elapsedMs / totalMs) * 100)) : 0,
     poolAmount: AIRDROP_CONFIG.POOL_AMOUNT,
-    currentMcap,
+    currentFdv,
     latestPriceUsd: latestPrice?.price_usd ?? null,
     milestones,
     totalPointsEarned,

src/app/api/cron/airdrop-price/route.ts

@@ -10,7 +10,7 @@ import { formatUnits } from "viem";
 import { createServerClient } from "../../../../../lib/supabase";
 import { getPlotUsdPrice } from "../../../../../lib/usd-price";
 import { publicClient } from "../../../../../lib/rpc";
-import { PLOT_TOKEN } from "../../../../../lib/contracts/constants";
+import { PLOT_TOKEN, PLOT_MAX_SUPPLY } from "../../../../../lib/contracts/constants";
 import { erc20Abi } from "../../../../../lib/price";
 
 function verifyCron(req: Request): boolean {
@@ -67,20 +67,21 @@ export async function GET(req: Request) {
     return NextResponse.json({ skipped: true, reason: "Supply fetch failed" }, { status: 200 });
   }
 
-  const mcapUsd = priceUsd * supplyFormatted;
+  // Store FDV (price × max supply) instead of MCap for milestone tracking
+  const fdvUsd = priceUsd * PLOT_MAX_SUPPLY;
 
   const { error } = await supabase.from("pl_daily_prices").insert({
     recorded_at: todayUtc,
     price_usd: priceUsd,
     supply: supplyFormatted,
-    mcap_usd: mcapUsd,
+    mcap_usd: fdvUsd, // column stores FDV (price × max supply)
   });
 
   if (error) {
     console.error("[airdrop-price] Insert failed:", error.message);
     return NextResponse.json({ error: "Insert failed" }, { status: 500 });
   }
 
-  console.info(`[airdrop-price] Snapshot recorded: date=${todayUtc} price=${priceUsd} supply=${supplyFormatted} mcap=${mcapUsd}`);
-  return NextResponse.json({ recorded: true, date: todayUtc, priceUsd, supply: supplyFormatted, mcapUsd });
+  console.info(`[airdrop-price] Snapshot recorded: date=${todayUtc} price=${priceUsd} supply=${supplyFormatted} fdv=${fdvUsd}`);
+  return NextResponse.json({ recorded: true, date: todayUtc, priceUsd, supply: supplyFormatted, fdvUsd });
 }

src/app/token/page.tsx

@@ -119,7 +119,7 @@ export default function TokenPage() {
       <div className="border-border rounded border p-5">
         <h3 className="text-foreground text-sm font-bold mb-4">Token Information</h3>
 
-        {/* Stats Grid — Price + Market Cap */}
+        {/* Stats Grid — Price + FDV */}
         <div className="grid grid-cols-2 gap-3 mb-4">
           <div className="border-border bg-surface rounded border p-3">
             <div className="text-muted text-[10px] uppercase tracking-wider mb-1">Price</div>
@@ -142,12 +142,12 @@ export default function TokenPage() {
             )}
           </div>
           <div className="border-border bg-surface rounded border p-3">
-            <div className="text-muted text-[10px] uppercase tracking-wider mb-1">Market Cap</div>
+            <div className="text-muted text-[10px] uppercase tracking-wider mb-1">FDV</div>
             {tokenInfoLoading ? (
               <div className="bg-border h-6 animate-pulse rounded" />
             ) : tokenInfo ? (
               <div className="text-foreground text-sm font-bold">
-                ${formatNumber(tokenInfo.marketCap)}
+                ${formatNumber(tokenInfo.fdv)}
               </div>
             ) : (
               <div className="text-muted text-sm">—</div>

src/components/airdrop/CampaignHero.tsx

@@ -9,7 +9,7 @@ interface StatusData {
   timeRemainingDays: number;
   timeElapsedPercent: number;
   poolAmount: number;
-  currentMcap: number;
+  currentFdv: number;
   latestPriceUsd: number | null;
   milestones: {
     bronze: { mcap: number; pct: number; reached: boolean };

src/components/airdrop/MilestoneTrack.tsx

@@ -6,7 +6,7 @@ import { formatUsdValue } from "../../../lib/usd-price";
 
 interface StatusData {
   poolAmount: number;
-  currentMcap: number;
+  currentFdv: number;
   latestPriceUsd: number | null;
   milestones: {
     bronze: { mcap: number; pct: number; reached: boolean };

src/components/airdrop/WeeklySnapshots.tsx

@@ -93,7 +93,7 @@ export function WeeklySnapshots() {
                   <span className="text-foreground">{snap.newReferrals}</span>
                 </div>
                 <div className="text-muted">
-                  MCap:{" "}
+                  FDV:{" "}
                   <span className="text-foreground">
                     {formatUsdValue(snap.mcapStart)} → {formatUsdValue(snap.mcapEnd)}
                   </span>{" "}

src/hooks/useTokenInfo.ts

@@ -3,7 +3,7 @@
 import { useQuery } from "@tanstack/react-query";
 import { formatEther } from "viem";
 import { browserClient } from "../../lib/rpc";
-import { PLOT_TOKEN, MCV2_BOND, HUNT } from "../../lib/contracts/constants";
+import { PLOT_TOKEN, MCV2_BOND, HUNT, PLOT_MAX_SUPPLY } from "../../lib/contracts/constants";
 
 const USDC_ADDRESS = "0x833589fcd6edb6e08f4c7c32d4f71b54bda02913" as const;
 const ONEINCH_SPOT_PRICE_AGGREGATOR = "0x00000000000D6FFc74A8feb35aF5827bf57f6786" as const;
@@ -44,7 +44,7 @@ const ERC20_SUPPLY_ABI = [
 
 export interface TokenInfo {
   price: number;
-  marketCap: number;
+  fdv: number;
   totalSupply: number;
   priceChange24h: number | null;
 }
@@ -88,7 +88,7 @@ export function useTokenInfo() {
       ]);
 
       const totalSupply = Number(formatEther(supply));
-      const marketCap = price * totalSupply;
+      const fdv = price * PLOT_MAX_SUPPLY;
 
       // 24h price change via block diff (~43200 blocks = 1 day on Base @ 2s)
       let priceChange24h: number | null = null;
@@ -115,7 +115,7 @@ export function useTokenInfo() {
         // Token may not have existed 24h ago
       }
 
-      return { price, marketCap, totalSupply, priceChange24h } satisfies TokenInfo;
+      return { price, fdv, totalSupply, priceChange24h } satisfies TokenInfo;
     },
     staleTime: 5 * 60 * 1000,
     refetchInterval: 5 * 60 * 1000,