melanotan 1 vs 2, the difference is selectivity not strength
Melanotan 1 (afamelanotide) is comparatively selective for MC1R, the pigmentation receptor. It's actually approved for one rare photosensitivity condition (erythropoietic protoporphyria), so there is a real regulatory dossier for that narrow use.
Melanotan II is less selective and also hits other melanocortin receptors including MC4R, which is involved in appetite and sexual function. That non-selectivity is why its reported effect profile is broader.
So the difference isn't potency, it's specificity. A less selective compound doing more things is not a bonus feature, it's what off-target activity looks like.
MT-1 approved for one specific thing. MT-II not approved anywhere and studied far less formally.