The news article reports that Melea, a validator on the Solana and Cosmos networks, is being accused of unethical practices by Stakewiz, a validator monitoring service. Stakewiz claims that Melea has been misleading stakers by advertising a 0% MEV commission rate, which is technically impossible. Stakewiz discovered that stakers attached to validators with a 100% MEV commission rate are being cheated out of around 40% of their rewards. There have been multiple attempts to verify Melea's claims, but no concrete evidence of the 0% commission structure has been found. Melea has also faced accusations of falsely advertising commissions and providing misleading information about returns on other networks. The report concludes with recommendations for penalties and community actions to address Melea's alleged misconduct. Stakewiz continues to call attention to Melea's practices, providing image proof that they have continued to advertise a 0% MEV commission rate.
Content Editor ( cryptopolitan.com )
- 2025-02-07
Notorious 2.6m SOL validator, Melea accused of misleading stakers
