As a newbie, I read many posts that has quality. After reading the posts I'll feel like to merit the post, but as a newbie, I might not have a sendable merit,
Lol, sendable merit, it's right as you read through the posts of senior colleagues, i think it will give you insights to make a quality post in order to earn merit and also have a sendable merit to give out, because from the scenario of merit if your not awarded merit definitely you will not have Smerit to award another user, so earning merit is via proper research and hard working.
Atleast if I don't have merit to give, I will just click like and move on pending when I'll have merit to award the user.
Shall the policy is good, but is not like that in community and it will be very rigid to adopt such, but in the aspect giving Smerit to any user, if you notice a post that deserve your merit, you have to write the topic and the board or you mark the Username anytime any day you have Smerit you slide to the user profile and merit the post, no time merit is been given to user that is wrong, it depends when you earn merit and couple with Smerit.