ok, clearly you don't have a bog filter, the basin on top is just as you said to manage water to the water fall.
How was the water previously cleaned? You bought the new pump and filter but the previous owner must have been doing something to clean the water. Also if you have been feeding the fish and the ammonia is not high makes me wonder what I am missing. There are others here who will have questions and suggestions but continue testing the water. You can feed the koi in the same as before but not too much till we figure out what's going on. Keep the aeration going 24/7 for now. Btw, what is under the faux rock and the blue tarp? Not snooping, just investigating....
How was the water previously cleaned? You bought the new pump and filter but the previous owner must have been doing something to clean the water. Also if you have been feeding the fish and the ammonia is not high makes me wonder what I am missing. There are others here who will have questions and suggestions but continue testing the water. You can feed the koi in the same as before but not too much till we figure out what's going on. Keep the aeration going 24/7 for now. Btw, what is under the faux rock and the blue tarp? Not snooping, just investigating....