Could you take an equity stake - commensurate with what you've put in, be an advisor, continue to work on it as a side peoject but not draw salary? Is it a legi

Could you take an equity stake - commensurate with what you've put in, be an advisor, continue to work on it as a side peoject but not draw salary? Is it a legit argument to say at the time of seed funding you contributed x% so that is your equity, and maybe it dilutes differently than people who continue to work full time on it?