“all others got rekt”, where did you read this?
You are most probably referring to all those other protocols like Compound were users lost money and did not get anything back, but this isn’t the case here.
This is only part 1 out of 3, as it’s the quickest group to compensate without having potential backlash to the protocol itself, actually it’s strengthening it by having those guys actively participating in the voting and it shows we are serious in compensating the users as fast as we can.
The other groups will need more time to estimate how many losses there are, they are much bigger and need a different approach which is already being discussed in other threads.