Yeah, I was thinking about that. That's why I decided to create a revised scenario. In case you can't read my handwriting, it reads as follows.
"Satellite, orbiting at 74.865 km/s [with respect to the sun], with a semi-major axis of 23685251 kilometers, or 34 solar radii, or 0.1583 AU. Satellite's orbital nodes precess at a rate of about 22.68 degrees per orbit, or one full circuit every 365.25636 days. Earth, orbiting at 29.785 km/s [with respect to the sun], with a semi-major a[x]is of 149598261 kilometers, or 215 solar radii, or 1 AU."
We'll say that Mercury's orbit has somehow been altered to provide the gravitational impetus for the satellite to precess at such an outrageously rapid rate, so we don't need to fire the satellite's rockets at all once we've achieved orbit. Regardless of the details however, the satellite is moving about 2.5 times faster than the earth, with respect to the sun, completing one orbit every 23 days, and its orbit is slowly turning so that the earth is always located at the satellite's orbital north pole. The satellite is thus maintaining a constant distance from the earth, despite its outrageous orbital velocity.
In this scenario, why would the satellite experience time dilation, IE not be in the same frame of reference, as an observer standing on earth's north pole?