The reward system?

It seems like all it does is give you a very low amount of EXP for the effort put into taming said dragon... It's not like you recieve the dragon as a actual 'pet' right?

It becomes an interesting fixture for your homestead...I haven't gotten anything else out of it. You get some type of reward after doing all of this.

unless nexon has changed the reward... you get a Dragon dye amp.. that lets you change the dragon's color you u can just use it on your clothing... an you get to keep the dragon... the mama dragon then gives u another wild dragon an you repeat the process.