This is a review of third-party academic work, published August 17, 2026 and reading arXiv:2607.12156 at its v2 revision of August 3, 2026; the paper may be revised again. Quotations, tables and figures are the authors’ own, including the annualized hold-to-maturity estimates and the $6.25-against-$7.00 illustration, all drawn from a short sample that the authors themselves label first-pass and that spans an extraordinary demand wave. On priority: an earlier compute-derivatives model exists (Assody, SSRN 6926798, June 2026, covering forward curve and volatility without risk-premium estimation), so this piece credits Bandi and Su with the first published risk-premium estimate rather than the first model of compute derivatives. The four corrections are our analysis, and the second of them — whether the December 2025 index restatement survives into the authors’ post-exclusion sample — is explicitly flagged in the text as plausible but unconfirmed, because it is not determinable from the paper and the authors may have received a harmonized data vintage. It should not be leaned on in public without that check. This piece states public facts about named firms and individuals, alleges no misconduct by anyone, and asserts no impropriety in administrator-supplied data. Nothing here is a recommendation to buy or sell any security, future or event contract. Research and education, not investment advice.