To take a step back and see how far we've gone, Discuit, another link aggregator created around one year ago, published their weekly report - 245 weekly active users (detailed report in link)
discuit.net
Discuit is one of the alternatives to Reddit which emerged at the same time as Lemmy (the other one being Tildes, mentioned at the end of the post)
Lemmy has 48k monthly active users (mau): https://lemmy.fediverse.observer/dailystats
Mbin has 862 mau: https://mbin.fediverse.observer/dailystats
Piefed has 133 mau: https://piefed.fediverse.observer/dailystats
On Tildes site, I counted around 25 posts per day: https://tildes.net/?order=new
We can see that federation was indeed a better solution, looking at the difference in number of Discuit and Tildes (not federated) vs Lemmy/Mbin/Piefed
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I see new content every day, and that is after blocking a lot of instances that aren't relevant to my taste. I don't think this place is dead, it just needs more of those 48k to contribute.
I don't click on the comments section if they have no comments. I am on here so often it could be described not as monthly, not as weekly, not as daily, not as hourly, but as minutely.
So I wake up, I see about 60 stories......and maybe 45 of them have comments. Ok. I have content for about an hour. I blocked I think 4 users? I've not blocked any communities, and I haven't personally defederated from any instances, but I do reside on Lemmy.World which does defederate from quite a few communities.
Is 60 stories for your Subscribed or Local feed?
Subscribed. And I just counted, I'm subscribed to 161 different communities. And despite only subscribing to ONE political sub, my feed is mostly dominated by political stories.
Subscribed for me, doesn't look THAT different from All. Except All has porn, and linux.