Fair asks, mostly. Failsafes, a real backstop fund, pausing instead of bleeding users, right direction, no argument. But "compensate losses like every other platform does" isn't really a thing. Look back: when Binance's own systems failed in the May 2021 crash, hundreds to thousands of traders got liquidated, losses north of $100M and Binance first denied liability ("perfectly normal for the tokens to drop"), then offered 5–30% back, tied to an NDA and waiving your right to sue. One guy down ~$9M was offered a few grand. Its 2025 "Together" program got branded fake compensation. Who actually made users whole after a glitch? Almost no one. The good venues run an insurance fund, SAFU, HLP, Aave's Umbrella and even Umbrella held ~$80–100M against a ~$230M hole weeks ago. The backstop is the right ask; "everyone already does it cleanly" is for sure a myth. And the clean fixes aren't clean either. Hyperliquid could only override the JELLY oracle because the Foundation ran all 5 validators at the time, the house voting with itself. Aave's ETH only came back because Arbitrum's Security Council froze it... emergency power, on a chain that sells itself as decentralized. Stopping the exploit? Right. Clean, decentralized, fair? So "only Polymarket can't grasp this" doesn't hold up. Nobody here is perfect. I don't even follow Kalshi closely, but dig in and you'd find its own list. None of it makes Polymarket better or worse, and I'm not carrying water for them. The only thing worth grading anyone on is whether they fix what's broken. But to bring it to a point . . We're fully aligned on the sequencing, new features are fine, but the core product has to actually run first. You don't bolt on perps, parlays and the next shiny thing while the base still drops trades or glitches under load, that just multiplies the surface area of what can break. Get the foundation rock-solid, then expand. I made the same argument in my Perps writeup: a competent perp still isn't a reason to exist if the thing underneath isn't bulletproof. Fix the floor before you add floors.
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