Instead of LOSING exp when dieing.... READ NOW STEFAN!
How about EXP debt? Okay so when you die you get another thing below your EXP that says EXP Debt: and then one fourth of your total EXP, every time you do something half the EXP you gain from that (maybe killing monsters or iIDing food) goes into paying off the debt the other half goes into your regular EXP, sound good no?