Row 38519

Row ID: 38519 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 38519 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

How much more money will jito receive after stealing 50% priority burn fees to pay themselves more at the cost of higher inflation for every solana user/holder?

Looking at the last rolling fee data and current prices we are looking at $700,000 a day or nearly $250 million a year in current burn fees being paid to validators.

Do you have any evidence of these side deals you are all claiming? Or just pretending to be everyone's safety as an excuse to pay yourselves more?

If this vote passes which I'm sure it will with validators voting to double their own revenue, what is being done to prevent validator collusion to fill blocks full of junk and manipulatively raise priority fees to extract more money from themselves. The 50% priority fee burn is the only onchain mechanism that prevents this collusion.

Also how lucky do you all feel that you got to build your entire empire off MEV, than vote to ban MEV and blacklist any future validators performing MEV?

We all know jito owns multiple validators and have created a system the last vote where not only did you restrict votes to validators and not being honest and open with your delegators. But created a system where you can basically pass anything with only a small handful of validators. What do you think about all this centralization while being one of the biggest contributors of said centralization? How does all that power feel that you can vote yourselves more money by stealing from every solana user?

https://www.reddit.com/r/CryptoCurrency/s/6DRhfckb9t

I'll be looking forward to the manipulative responses like the other validators that want to double their revenue by stealing prioroty burn fee from every solana participant.

I find it very odd that you have refused to communicate this to your community, nor openly explained your positions. Sounds very scammy to hold back till epoch that make it impossible to switch delegations.

https://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456

FieldValue
text How much more money will jito receive after stealing 50% priority burn fees to pay themselves more at the cost of higher inflation for every solana user/holder? Looking at the last rolling fee data and current prices we are looking at $700,000 a day or nearly $250 million a year in current burn fees being paid to validators. Do you have any evidence of these side deals you are all claiming? Or just pretending to be everyone's safety as an excuse to pay yourselves more? If this vote passes wh…
label r/solana
dataType comment
communityName r/solana
datetime 2024-05-22
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url_encoded Z0FBQUFBQm5Lak9hX1FXY2dabm1aSVFaSm5rY3BPQkVUSkE3bjFMUVJKMWdTV2phaXNhLVBXX0NpWTJWa2p2aF9aWTdTMnE0LWxvU0xvMjNjTDN0eFJDR3Q1RVRGTUFZSXVlcGZZaXFOZ0pWN3BLTkxLVm5mV0IyZjNDTmtWQVg4ckNGQVVESURGZkh5V0VjVzZSaVIzVEJ4cU0wTE15LW05X196WUxYNWVYZkIzNWRhR3hkX0ktNHljTHRUY0VDcS1ZQ2VTNU04TWdiNU41RlNpU1p5WU02MGV3RlV6cDBkdz09

Raw Record

{
  "text": "How much more money will jito receive after stealing 50% priority burn fees to pay themselves more at the cost of higher inflation for every solana user/holder? \n\nLooking at the last rolling fee data and current prices we are looking at $700,000 a day or nearly $250 million a year in current burn fees being paid to validators.\n\nDo you have any evidence of these side deals you are all claiming? Or just pretending to be everyone's safety as an excuse to pay yourselves more?\n\nIf this vote passes which I'm sure it will with validators voting to double their own revenue, what is being done to prevent validator collusion to fill blocks full of junk and manipulatively raise priority fees to extract more money from themselves. The 50% priority fee burn is the only onchain mechanism that prevents this collusion. \n\nAlso how lucky do you all feel that you got to build your entire empire off MEV, than vote to ban MEV and blacklist any future validators performing MEV? \n\nWe all know jito owns multiple validators and have created a system the last vote where not only did you restrict votes to validators and not being honest and open with your delegators. But created a system where you can basically pass anything with only a small handful of validators. What do you think about all this centralization while being one of the biggest contributors of said centralization? How does all that power feel that you can vote yourselves more money by stealing from every solana user?\n\nhttps://www.reddit.com/r/CryptoCurrency/s/6DRhfckb9t\n\nI'll be looking forward to the manipulative responses like the other validators that want to double their revenue by stealing prioroty burn fee from every solana participant. \n\nI find it very odd that you have refused to communicate this to your community, nor openly explained your positions. Sounds very scammy to hold back till epoch that make it impossible to switch delegations. \n\nhttps://forum.solana.com/t/proposal-for-enabling-the-reward-full-priority-fee-to-validator-on-solana-mainnet-beta/1456",
  "label": "r/solana",
  "dataType": "comment",
  "communityName": "r/solana",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1MMzFaZ0taTXFYbnZvamVRTHpCajdiUTE4TGplQ3VDY0VrMnJQRFB1NnNUVE4ybG9kOXEyUDB2OHl2WTMwNS1rdHYtNkFFc0tmdENTVWtXVE16OGZxcWc9PQ==",
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}
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