It’s a bit pedantic to be honest. Multiple times it’s been pointed out on this thread that the OP was referring to total comp so I’m not sure why this keeps being brought up.
While equity in a public company can go down and go down significantly it’s liquid. Especially in companies like coinbase that don’t have a 1 year cliff, are public, it’s a significant part of your comp and not funny money like you get in many early stage companies.