droppin waffles

To be livin' large, and excessively so. Often times used in collaboration with "make it rain," "spendin dollas," and "stunna shades." Mostly colloquial use, but gaining steam in the Northeast, almost becoming a common term.

Kid 1: Daaaamn look at that kid lookin' fly in them jorts with the stunna shades on and radio bumpin.
Kid 2: Gadzooks! I ain't neva seen somebody droppin waffles like him.