Other Rainson Edge - questions

This is a picture of the air group in my Rainson. I have questions:

1. What does that M5x4mm grub screw (see arrow) do? Manual was not helpful. There appeared to be nothing in there, and the grub screw bottomed out at the bottom of where it goes.

2. If it's leaking, how do I make it stop? I replaced it with a new one, with no luck.

Thanks!

Screenshot 2025-07-16 213115.png