Whoa...So wait a minute. now your telling me that

Waves is no longer the 'gas' for doing things on the Waves blockchain but rather WX token is??

What is the incentive for holding and staking Waves then?

Hey there! $WAVES is a core token of the blockchain, and $WX is the governance token of the decentralized Waves.Exchange, so the existence of WX doesn't mean that WAVES is not needed, they are two different tokens with their own purposes and tasks, that's it

Thanks for the explanation. How do I select Waves to use as my gas fee instead of WX then?

There is a drop down when in the exchange

I am checking the dropdown and the only options that I am seeing are USDN (regular price) and WX token for 50% off fee's

There is a percentage fee for the most liquid token pairs. It will be 0.1% of the exchange transaction's amount, but no lower than the equivalent of 0.01 WAVES. The percentage fee will be charged in the asset you spend. • A fixed fee of 0.01 WAVES for other pairs.