"Presented only to those scholars who have displayed excellence on the Ballista battlefield. Velvet Ballista chevron must be returned to a Herald after set period indicated in official Ballista rulebook."
You will get this key item when you are first at Ballista Ranking at the category: Scholar.
With this chevron you are the owner of the title Sagacious★Star for one earth week.

For further information on chevron and Ballista Ranking see Ballista.

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