Skills and XPs

XPs

XPs (or eXperience Points) are points you gain when achieving specific tasks like taking out enemy ships and such. Now, this experience you gain can be used to improve your skills. To that end, the Skill screen can be used to "invest" your XPs into the skills you want to improve.

AcheivementXPs gained
Establish a new colony1 XP (until level 3)
Conquer a colony3 XPs
Destroy a ship2 XPs per class
Kill a player10 XPs per level

Skills

There are several skills (or abilities) you can choose to improve. Depending on your character type, you start with different basic skills. For instance, Merchants begin with a higher Trade level than other players.

Each skill has 10 levels. 0 meaning you have no skill, 10 meaning you've fully mastered that skill. To improve a skill (to raise a skill to a higher level), you spend XPs in that level. The costs are relatively low for the first levels but rises quickly afterward making it harder each time you gain a level.