But is it though? By definition moderation and adminstration means a certain set of standard and rules to keep the community / site runs well. Tildes simply has their own set of standards that so far I think is working well.

Lemmy has mods too and there are plenty of powertripping drama. Does that make Lemmy elitist? Or less so simply because it allows shitposts and memes?

It’s a bit too positive to encompass all that is elitism.