Points still seam to be displayed but the word "trophy" is gone from what I can tell. Not sure what the points represent. When I first logged on today I did see a list of "trophies" which were apparently awarded for different types of board activity. I suspect they have been at least temporarily disabled possibly pending some significant revision.
It's some automated incentive system to get the cool kids posting, I honestly didn't know we were getting these, but they came with the software. In time I'll likely edit the system or remove it altogether.