Based on the language where they say there is something coming in the future, I would bet it’s that system.
They want to invalidate all existing awards so they cannot be used to give people money under the new system and likely also remove the premium feature of getting awards for free.
People who want to reward content creators will pay for premium and awards instead of just premium now.
It depends on how it’s enforced.
Where I live they ended cash bail for any non-felony offense and it’s led to repeat offenders being picked up, released and they’d offend again, where they get picked up and then released again.
It’s a complex issue, many of these people need mental health help, and putting them in jail isn’t the solution, but allowing them to continue to walk free when they’re known re-offenders isn’t helping either.