It is not the fault of the bolt. It is the design. The driveshaft is too short. It does not extend out as far as the belt so it tips the gear on the shaft on every rotation. This tipping continually could be controlled by a strong non-flexing bolt but there is a second movement of the gear on the shaft that undermines the bolt. The gear splines are often loose on the shaft so as you accelerate the gear pulls to the back side of the shaft splines. Now you brake and the gear rocks to contact the front of the splines. This repeats over and over 1000's of times and the gear is grinding back and forth under the head of the bolt, slowly wearing some clearance. Now if you don't retorque regularly, this clearance increases and once again allows the gear to tip on the shaft as it rotates. The tipping of the gear works under the head of the bolt, bending back and forth repeatedly until it fatigues and breaks.
So if you can stop the gear from moving on the splines it will not loosen the bolt and then it will not fail. (even a cheap bolt) This is difficult but adding Loctite 660 to the splines helps a lot. Some guys got lucky and the gears already fit tight on the splines but others are terrible. Now, as nothing is a perfect fit, a good good bolt helps and regular torqueing is required. If you find it loose, it would have failed.
On my 2015 the gear was really loose on the driveshaft. I drilled the bolt hole larger and tapped the hole. I applied Loctite 660 on the splines and then I threaded in a grade 12 stud with red Loctite. I double nutted the gear on with blue Loctite. This was an easy fix and gave me confidence it was not going to fail.
So how did Polaris try to fix this? The newer sleds got a deeper hole and a new bolt that had a shoulder. The shoulder is thicker than the threaded area so the gear would flex this stronger, thicker area. Does it fix the problem? No, but it will reduce the problem as the bolt does last longer before breaking. Remember some sleds are good and some sleds have sloppy splines. The sloppier, the quicker it will fail.
Now you know, there is no excuse for this to happen again.