Community Points allow members of Reddit communities to own a piece of their community, earn rewards for quality contributions, and unlock special features.
Read all about it at the above link. There's way too much to process here. This is going to be wild.
I mean, I'm not totally opposed to the idea of rewarding users in a decentralized way but speaking of freedom and decentralization on a platform that really gives a shit about values is pure hypocrisy.
That sounds lucrative: buy Reddit shitcoin, participate in one of the large subs and have a non-rule-breaking comment get you arbitrarily sitebanned as they often do, and Reddit keeps your shitcoin.
Maybe it really is permanently tied to your "vault address" and maybe it's not, but you won't ever know because now you're forever locked out of your Reddit shitcoin vault.
Nice work if people are naïve enough to play the game, I suppose.