Sylvermoon stands on the southern-most part of Merdiff. It was founded to honor Teril as a patron god of the elven race, at a time before the coming of the gods. It is the third biggest port in the continent. A city with little trading interest as it is run by some lowly descendants of the elven House Mirylth (the shining ones).
Being mainly a place where nobles come for vacation and rest… The city guard are scarce and the outskirts are filled with noble houses that have little protection. The true rulers of the city are the thieves guild. Most houses pay a monthly fee for them to be “protected”. As are most businesses.