Didn’t you give Mia Chloe the role of doing thorough merit-scraping on a monthly basis? Or was that a temporary assignment? 
It's open to the community; I will create a new thread for it and only third thirty applications will be allowed this time. A good application will attract rewards (can submit only twice a week) - it's kinda reporting unmerited good posts and get rewards for it as well. A win win.
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Regardless, your idea could work well if you time it right. Am only stating that emptying your merits on worthy posts right before your allocation expires is good but the risk is you will empty your sMerits early, and then suddenly another post worth meriting appears and you’re dry. What then?
The whole principle is going back to already merited good posts to increase the numbers before the source expires. If I'm dry the community takes over; meriting good posts is responsibility of everyone.
I will leave the thread open another 24hrs.