Circular Links At Most 1.14% of Axiom Tips to Validator Incentives

Circular founder Ben has challenged Axiom’s “validator bribe” fees after tracing at most 1.14% of recent trader payments routed through Lunar to additional on-chain validator incentives. Ben’s review identified 530,166 Solana (SOL) paid to Lunar, a service of HelloMoon, through Axiom transactions from April 26 to Oct. 19. At $105 per SOL, that equals about $55.67 million. The payments were associated with 189 million successful transactions. In the most recent 30-day period, 45 million Axiom transactions paid Lunar, representing 80.6% of successful Axiom transactions. Lunar collected 138,964 SOL, worth about $14.59 million at the same price.

Source: TokenPost