Excellent questions!
+ The Carnaval Style hair is a vanity helmet and is not compatible with the Magic Mirror (since it's a helmet). The item is similar to the vanity hair items we've offered during the St. Patrick's Day events of the past. Same goes for the variant with 'shades' that you can craft.
+ The boss will drop Valley Locked crates.
+ Standard equipment loot will drop from the event boss in addition to gold and tokens. Open to suggestions for stuff you'd like to loot (within reason).
+ I am indeed planning to add Massive Crates to the Store for this event. That said, if I decide not to do this all the emphasis will be on running the event, looting, crafting and trading (which might be cool).
+ I would prefer not to dilute the Arcane Crate crafting with a token version - so no plans to add that.
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