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Some of the more trusted senior members act as merit sources, ie. they receive part of a monthly pot of sendable merits to distribute amongst posts they deem constructive. In other words, there's a steady inflow of new sendable merits coming in.
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Also worth to note that anyone can apply to become a merit source and that there is limited amount of sMerits issued, currently up to 11975 sMerit per 30 days.
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