Except that 20k exp is bonus exp, so you'd get 0 IS/AN/CP. And no, I'm not a dust peddler but a woodworker. And despite my love for logs, I don't see the need to take garbage (xp) and pretend it's gold (dust).
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Even if the exchange rate was 1 merit => 1 CP/IS/AN it would still be better than what we currently have.
Please make this happen >_<
Allow us to exchange Traverser stones for Voiddust too, I'm almost at 1000 stones that probably will never be used and became totally useless.
That or allow merits to be converted into cruor. There is no shortage or difficulty in obtaining cruor so there really is no reason why that can't happen atleast. Than take it a bit further and follow in the footsteps of seal conversions. Allow us to exchanges cruor for CP/IS/AN at a 10-1 ratio or even 100-1 ratio.
It's a good idea, but wouldn't get implemented since SE already used "Lore" as their reason for not doing something.
I think Kristal has an idea they may actually implement, since it would fit with lore just fine.
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Converting merits to CP/AN/ISP is a bad idea, because xp is dirt cheap to get in abyssea.
A better idea would be to increase CP/AN/ISP points when your xp overflows, like it does with limit points. If you get 200 xp in a conquest area, and both xp and limit xp is capped, you gain 20 (normal) + 20 (overflow) CP. Note that this only counts for normal xp, not bonus xp such as GoV pages. (Exp rings multiply normal xp, so those bonuses do count.)
OP's idea would also increase the gil gilsellers make doing 10 hour cleaves by a fair amount. Or just destroy the voiddust market value, which wouldn't necessarily be a bad thing since they're likely to go up after the update because of tickets.
So we have a new Merit cap for attributes which happens to be capped already...
Come on SE give us something consumable to do with our merits...