-To be obliterated.
-Being wasted while everyone enjoys your charming and enticing embrace presence.
-Applicable to any day of the week, one must be blacked out.
Bro 2: Oh man he is really Waded Out. He hit on every girl here and they enjoy it!
Bro 1: I want to be Waded Out!
Bro 2: Then stop talking and beer bong this Vodka.