Honestly I swear, I wish anyone would think about "more than the current state of affairs" and think more about "the future", "the plan" and "what actually happens when this does become federated?"... Some sensible reading is https://blueskyweb.xyz/blog/4-13-2023-moderation

Composable Moderation

A customizable, composable approach to moderation that prioritizes safety and gives users and developers more control.