[dev1132] Several adjustments have been made to overall experience point rewards and the current party bonus algorithm.
The following are used to calculate experience point rewards:

Level-based EXP

The general rule for calculating experience point awards is to divide the amount of experience needed to level up by the number of encounters the current level* is intended to last. The amount of EXP yielded increases proportional to character level.
* The level used in this calculation is either the player's or the enemy's, whichever is
lower.

Difference Between Player and Enemy Levels

Higher level enemies will yield more EXP, while lower level enemies will yield less. This revision will not greatly affect the amount of EXP obtainable. However, a cap will be imposed upon the bonus awarded to players for defeating higher level enemies.

Party Size

Each additional member in the party reduces the amount of experience points yielded. Although the reduction is greater than before, it will be offset by the bonuses granted by EXP chains and linking.

Enemy Type

As the variance in strength between enemies has been reduced (see below), enemy type will not influence EXP yield.
* The exception to the above is those enemies deemed extremely weak or strong.

Link Bonus (see below)

Experience point bonuses are now rewarded for defeating enemies which appear together with the initial target.

EXP Chain (see below)

Defeating enemies in quick succession will now earn players experience point bonuses.
Guardian's Aspect
Invoking Guardian's Aspect when activating a levequest will grant players an experience point bonus upon quest completion.
Gear
There are several pieces of low-level gear which grant their wearers experience point bonuses.
I didn't wana bump my old topic about the exp cap. While this is a GREAT direction they're going, their wording makes to sound like the cap is still gonna be too strong for players to see leveling on big mobs as a viable option especially with the oncoming exp chains which are idiotic to place in the game because this will only further entice people to kill raptors for hours on in.

I think the cap should just be completely lifted and the exp should be equated by the average levels in the group and if someone is well beyond the average, then the exp is strongly penalized.

Fix normal skilling parties before introducing heavily strategic events like ifrit and batraal