The instance seems to be mostly right wing trolls. I know defederating is unpopular but I don't think much is to be lost in this case and it can save the mods some headaches.
Edit: the response on exploding-heads.com to my reporting of transphobia. Courtesy of the "second in command"
I personally do see this as a war against reddit and the corporate internet. But we are just marshaling the troops, we aren't about to march into battle.
I think this migration is different for two reasons.
Firstly, because the main users who were alienated were the mods, app devs, and long time redditors. The composition of the exodus is infinitely superior to the voat migration for example.
Secondly, because the platform of Lemmy and the fediverse provides actual value due to the ability to federate. You can't get the combination of access and protection that this platform might eventually provide on regular social media.