When a report is resolved or ignored, all reports regarding that content are also resolved. So if something receives 150 reports then mods won't need to click 150 times to resolve all reports. Ignored reports stop all future reports from being accepted.
The person who created the community can appoint other moderators.
Reports federate to and from Lemmy so if a PieFed user reports some content that came from a Lemmy instance the moderators on the Lemmy instance will be notified about the content being reported.
There's still more to be done with federation of bans, a moderation log, etc. But it's shaping up nicely!