I've suggested that smerit automatically be distributed based on activity. The higher ranked, more active members would get more smerit than the lower ranks; this does not duplicate the activity value, as that is beneficial to the giver, while smerit is beneficial only to the receiver. I have no ideas about the formula needed - that can be discussed
The Merit system was introduced to reduce spam, including spam from account farmers. What you're proposing would give account farmers all the sMerit they need to rank up by spamming, and I don't think anyone wants to go back there.
How would you like to see the merit system reworked?
If the new system is better, sure! But I wouldn't know how to improve it.
Make distribution fair, remove merit requirements for level up
Define "fair": equal opportunity or equal outcomes? It's intentional that not everyone can rank up anymore, and I don't think we should change that.