User blog comment:MisterWoodhouse/Unified Community Platform: The Vision, Purpose, and Process/@comment-46421193-20200814033530/@comment-44807868-20200815132831

No, that's not the only way to check the wiki activity. You can still check it through Recent Changes. Wiki Activity was removed from UCP in its favor; although users' feedback that expressed dissatisfaction over its removal is certainly being evaluated by staff.

And what exactly do you mean by more freedom in coding and formatting? What's missing?