Quote from: Sharon121212 on April 03, 2019, 09:40:39 PM

<> Correct me if am wrong I don't think smerit where attached to air dropped merit

As @HCP, sMerits were also created and assigned to accounts in the initial airdrop. The specific formula used is as follows:

Quote from: theymos on April 20, 2018, 12:37:52 AM

Quote from: sncc on April 18, 2018, 07:34:19 AM

While specific formula is not given, theymos wrote that the initial sMerit is not solely determined by rank, but determined by rank and activity points obtained in the last year.

The exact formula was:

Code:

yearActivity = activity in the last ~year, max 378
freeMerit = the merit (not sMerit) you started with
modifier =
0.1 if member
0.2 if full member
0.25 if sr member
0.35 if hero
0.4 if legendary

return (yearActivity/378) * modifier * freeMerit

So the most you could get is if you were a Legendary who maxed out your activity points in the last year, in which case you would get 1 * 0.4 * 1000 = 400 sMerit.

The total amount of sMerit airdropped was near 600K:

Quote from: theymos on January 25, 2018, 09:55:22 PM

Quote from: suchmoon on January 25, 2018, 07:20:22 PM

https://bitcointalk.org/index.php?action=merit;stats=topsend

In less than a day we already sent more sMerits (11k+) than sources will gain in a month (~8k). Anyone knows how many sMerits have been distributed to existing members?

About 600k.

So doing a bit of maths, I make it:

Quote from: DdmrDdmr on March 31, 2019, 01:16:03 PM

If we update the figures Ive drawn-up in the pastconcerning sMerit circulation, we get:

600.000 sMerits Initial Airdrop
-350.129 sent sMerits (Merit Sources and regular forum members)
+175.065 Min estimate generated (first halving taken to its maximum theoretical degree, and not accounting for all the other halvings which I cannot estimate)
--------------------------------------------
424.936 Total unsent sMerits (aprox. *)

(*) Not all is really sendable really, due to inactive users, banned users, and so forth.

Now Merit Source pool is currently of 20.855 sMerits per 30 days. Being conservative, and taking into account that the pool size has varies over time, lets say a bare minimum average of 12k has been sent each month since the beginning of the Merit System. That would mean that at least 180.000 of the sent sMerits were originated by Merit Sources .The remaining 170.129 (350.129 180.000) would come from the Initial Airdrop and halvings.

So even in the best case scenario (no halvings), there are around 600.000 170.129 = 429.871 airdropped sMerits in user accounts (*).

After 15 months of the Merit System, I dont know how likely they are to come into the scene, but they also constitute a risk for merit trading. I would think that, after 15 months on non-usage, they should be withdrawn from the accounts on the basis of avoiding risks and not being into the Merit game anyway.

Most of unspent sMerits are really still tied to the initial sMerit airdrop, and although we can only get a rough estimate as I have done above, it does seem unlikely that the core pending airdropped mass will eventually come into circulation.

Sometimes hoarding sMerits happens to some extent, but you can always distribute them as I did at some point, when the sum of my personal earned sMerits was getting rather high: 250 profiles merited (by me) in 1 hour and 2 minutes Whats got over me?