Every mob kills rewards an amount of Hunter Coins directly into your bank. These can be exchanged for rewards similar to donation coin, but you’ll require significantly more Hunter Coin for Donation Items. That said, the amount directly correlates to the strength stat of the mob you just killed.
EXP is also awarded on mob death and is calculated the same way. Every level you gain, you gain accuracy, weapon\spell damage increase. Every 5 levels you gain hitpoints, stamina and mana.
A level is recorded on your nameplate. This has a cap of 50. These bonuses will only be activated for PVM. You can’t use your level in PVP.
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