Do clans compete for NOTHING?/

Greetings, Pilots!
I am asking just out of curiosity. Do we compete in clans for no reward whatsoever? Up till now the rewards for top clans were announced circa 3 days before the end of the weekly tournament. Now we are 3 hours before the end and no info on the rewards is posted. WTF??? Is this just for sporting? Like, you know, Baron Pierre de Coubertin’s Olympic Games???

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i did a post about this in bugs and issues