There are three ways of making and gaining merit. They are 1) to give alms (offering food to Monks) 2) to maintain religious commandment, and 3) to pray If all of these are perfectly met, it represents a great merit making. But most of people see that making merit is to give alms. That is partly true because it is the first step of a fully-gained merit.
Finally, the rim is adorned with monk style markings dot and squiggly blessing symbols. Along with your merit making wishes, possibly of love, wealth and happiness.
