Do Spendable Merits expire? | Bitcointalksearch.org

BITCOIN4X

legendary

Activity: 1974

Merit: 1150

Quote from: HammadAli on December 24, 2019, 06:44:47 AM

Do Spendable Merits expire? Or they never expire.

I think theymos have given accurate answers before. The OP question is almost the same as the question answered by theymos.

Quote from: theymos on January 24, 2018, 07:12:23 PM

Quote from: Kiritsugu on January 24, 2018, 07:05:54 PM

So I noticed it says unused Merit can be decayed at some point in the future - What's the point of this? Is it just to keep people from stagnating their Merit and not using it?

There is currently no decay, but if hoarding seems to become a problem, I might add it.

This means that merit permanent and will increase if someone sends sMerit to the user posts which will be accumulated to the number of merit.

Code:

1 sMerit = 0.5 Merit
2 sMerit = 1 Merit

Merit not rot, but sMerit can rot if:

Quote from: theymos on January 24, 2018, 07:12:23 PM

hoarding seems to become a problem, I might add it.

tbct_mt2

hero member

Activity: 2254

Merit: 831

Quote from: Onuohakk on December 24, 2019, 11:31:32 AM

Really don't think spendable merits will have an expiring date. It's not something you'll hoard for so long without meriting someone else. Hoard smerits won't upgrade your rank or make someone special, it's created to rank members for their contribution in the btt forum

Yes, admin might take action to decay sMerits at anytime he want. Please see the quote, take your notice at the red-painted part. You can see this by click on Merit button after logging in your account.

I think the probability to see the sMerit decay is very low, but it is not impossible.

Quote

You have received a total of 476 merit. This is what determines your forum rank. You typically cannot lose this merit. You have 16 sendable merit (sMerit) which you can send to other people. There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future.

Onuohakk

member

Activity: 672

Merit: 29

Really don't think spendable merits will have an expiring date. It's not something you'll hoard for so long without meriting someone else. Hoard smerits won't upgrade your rank or make someone special, it's created to rank members for their contribution in the btt forum

DdmrDdmr

legendary

Activity: 2338

Merit: 10802

There are lies, damned lies and statistics. MTwain

Quote from: HammadAli on December 24, 2019, 06:44:47 AM

Do Spendable Merits expire? Or they never expire.

As stated above, currently it does not expire, although things are not immutable, and since it was hinted that they may decade at some point, that could happen at some point down the road.

In any case, they would not affect recently generated sMerits (as yours are), and would have more chances of starting in any case by affecting unspent airdrop sMerits - those generated when the Merit System kicked-off, and that were assigned in accordance to the following formula (totalling 600k sMerits forum wide at the time):

Quote from: theymos on April 19, 2018, 08:37:52 PM

<…> 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.

Note that I later made an adjustment giving 500 extra merit to some hero members, but no extra sMerit was given here.

Negotiation

sr. member

Activity: 1036

Merit: 258

Need a Helping hand? https://tinyurl.com/2p94uabm

In my opinion, there is no policy that expendable eligibility expires. If you have as many qualifications as you qualify for, you can give it to others and it will increase its rank. It is difficult to say what will happen in the future.

Rengga Jati

hero member

Activity: 1932

Merit: 622

Quote from: HammadAli on December 24, 2019, 06:44:47 AM

Spendable Merits expire?

sMerit = not ~~Spendable Merits~~ but sendable merit.

Quote from: HammadAli on December 24, 2019, 06:48:32 AM

Meaning there is no such policy which says they will expire?

You have seen the policy wrote by @Coyster above. But it seems still not implemented all this time. However, it may be implemented in the future as it is already stated by forum.

GazetaBitcoin

legendary

Activity: 1680

Merit: 6524

Fully-fledged Merit Cycler|Spambuster'23|Pie Baker

Quote from: HammadAli on December 24, 2019, 06:48:32 AM

Meaning there is no such policy which says they will expire?

Meaning that since January 25th, 2018, when the merit system was launched, no sMerit decayed so far. However, if theymos would come to the thought that too many sMerits are hoarded, he might (or might not) reduce their number.

Per se, there is no such policy to state an expiration date of sMerits.

HammadAli

member

Activity: 136

Merit: 12

Quote from: Coyster on December 24, 2019, 06:46:40 AM

For now they do not expire, but in the future they may.

Meaning there is no such policy which says they will expire?

Coyster

legendary

Activity: 2058

Merit: 1270

Life's but a walking shadow!

For now they do not expire, but in the future they may, that's why you are adviced not to hoard them, but to give them out to other users, so that ranking up process never halts.

Quote

There is no point in hoarding sMerit; keeping it yourself does not benefit you, and we reserve the right to decay unused sMerit in the future

This is a quote to the message you see when you are about meriting a user, and this is exactly what theymos(admin)says about hoarding sendable merits and on if they can actually be decayed/expire.

HammadAli

member

Activity: 136

Merit: 12

Do Spendable Merits expire? Or they never expire.

Topic: Do Spendable Merits expire? (Read 237 times)