Nice one, to be a Merit Source is not good aasy because after the application you have to wait for years and even the years, the applicant is not guaranteed to be one but the lucky ones would be and luckily you were among the lucky ones. I also join others to celebrate you. There are different ways to distribute smerits. You can create a thread for users to apply like the way hugeblack and fillippone did/doing and also create a thread to review posts like the way The Sceptical Chemist did or meriting Posts on your style.
Congratulations.