Good riddance to Reddit. The only sad part is there is no clear successor ready to take its place for the minority of subreddits that host real communities and serve as a useful distribution point for information.
Personally I think the developers of the top Reddit apps should get together and develop their own backend that clones the Reddit API endpoints but hosts the content on federated instances. Just cut out Reddit corporate - what value are they providing when the bulk of content creators are using third party apps to browse and create content?