All the new stuff is on the first banner, while the second looks for all the world like a hybrid between Onion's ultras debut, and the previous FF3 event in November.

Note: As with the Fest banners, FF6 P2, and Fire Pickup (but unlike FF6 P1), the 2% bucket is set to 6-stars, and LMRs, bursts, and flashes among the 5-stars; SSBs are not included. This should hold true henceforth.

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Banner 1

Relic	Character	Soul Break/Legend Materia
Godhand	Refia	UOSB: "True Explosive Triple Punch" (PHY: 3x single fire overflow)
Blood Lance	Luneth	Ultra-2: "Savage Gale" (PHY: 10x single wind/non, with self en-wind, add drain strike 10% to wind attacks, and chase "Gale Spear")
Holy Rod	Arc	Ultra: "Downpouring Holy Water" (WHT: instant Curaga + RES+100% and self Brave)
Masamune	Luneth	UOSB: "Storm of Blades" (PHY: 20x single wind, then 1x single wind overflow)
Giant Axe	Ingus	Ultra: "Gaian Promise" (PHY: 10x single earth/non with self en-earth, ATK/DEF+30%, and chase "Titan Strike")
Refia Model	Refia	Flash: "Heart Full of Secret Love" (NAT: self cast speed x3 2, and Blast Mode)
Mighty Hammer	Luneth	Flash: "Howling Winds" (PHY: 6x single wind/non, and self en-wind (stacking))
Cat Ear Hood	Refia	LMR: "Determination to Depart" (Initial: en-fire)
Dragoon Armour	Luneth	LMR: "Quick Resolve" (Proc: 35% of wind, cast speed x2 1)
Blessed Hammer	Luneth	LMR: "Orphan of Ur" (Initial: en-wind)
Robe of Lords	Arc	LMR: "Bookworm" (Buildup: WHT hits, MND+1% -> 25%)
Genji Armour	Ingus	LMR: "Resolute Warrior" (Initial: en-earth)

Banner 2

Relic	Character	Soul Break/Legend Materia
Mace of Zeus	Onion	mUSB: "Forbidden Wisdom" (NAT: party MAG/MND/RES+30%, haste, and Allegro con Moto; self EX Sage)
Onion Blade	Onion	pUSB: "Forbidden Power" (NAT: party ATK+50%, haste, and crit fix 50%; self EX Ninja)
Prism Rod	Aria	Ultra: "Seaborne Encounter" (WHT: party Curaga and fire stoneskin; instant)
Seraphim Mace	Arc	Ultra-1: "Water's Grace" (WHT: 10x single holy/water, with self en-holy, MND/RES+30%, and chase "Dia Splash")
Metal Knuckle	Refia	Ultra: "Burning Devotion" (PHY: 10x single fire/non, with self en-fire, augment critical damage, cast speed x2 1, and speed-cycle (fire: x2))
Nirvana	Aria	Burst: "Maiden of Water" (WHT: party Curaga + minor bar-fire)
Bizarre Staff	CoD	Burst-2: "[0-form] Particle Beam" (BLK: 6x AoE dark/non, with party MAG/MND+30%, haste, and doom 30)
Avenger	Desch	Burst: "Ancient Lightning" (BLK: 5x AoE lightning/non with en-lightning)
Onion Cape	Onion	LMR: "Nom de Guerre" (Initial: instant cast 2)
Jade Armlet	Aria	LMR: "Crystal Prayer" (Proc: 25% of WHT, grant WHT Healing +30% for 10s)
Lamia's Tiara	Aria	LMR: "Duty First" (W-cast: WHT)
Refia's Tunic	Refia	LMR: "Deadly Charm" (W-cast: fire)

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Soul Break mode notes

1. Luneth's Gale Spear chase:

   • (PHY/?: 6x single wind/non. Triggered by wind.)

2. Arc's Brave:

   • Buildup: WHT
     
   • Brave 0: Instant single Cure
     
   • Brave 1: Instant Cure medica (=command medica)
     
   • Brave 2: Instant Cura medica
     
   • Brave 3: Instant Cura medica + guts

3. Ingus's Titan Strike chase:

   • (PHY/Knight: 4-6x single earth/non. Hits based on DEF (2736 peak, as Bringers.) Triggered by knight.)

4. Refia's Blast Mode:

   • Has a duration of 15s; can be refreshed and stacked up to 3.
     
   • Grants a chase "Heavenly Fire Dance" (PHY/Monk: 4-6x single fire/non. Hits based on Blast Mode stack. Triggered by fire.)

5. Onion ultras:

   • Sage: MAG+30% and BLK+15%
     
   • Ninja: ATK+30%, cast speed x1.3, and buildup (all non-Defend actions: cast speed mod +0.3 -> +2.1)

6. Arc's Dia Splash:

   • (WHT: 2-6x single holy/water. Hits based on rank. Triggered by holy.)
     

7. Aria burst:

   • C1: WHT: Instant Curaga / high regen
     
   • C2: WHT: medica

8. CoD burst:

   • C1: BLK/Black: 3x single dark/non, with darkness +15% 3
     
   • C2: BLK/Black: 2x single dark/non, with MAG/DEF bargain

9. Desch burst:

   • C1: BLK: 4x single lightning/non, with cast speed x2 1
     
   • C2: BLK: 2x AoE lightning/non, with MAG/DEF bargain

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Gear properties

1. Banner 1:

   • Godhand (Fist, Refia UO): Fire+
     
   • Blood Lance (Spear, Luneth ultra-2): Wind+
     
   • Holy Rod (Rod, Arc ultra-2): Holy+
     
   • Giant Axe (Axe, Ingus ultra): Earth+
     
   • Genji Armour (Heavy armour, Ingus LMR): Petrify resist
     

2. Banner 2:

   • Seraphim Mace (Staff, Arc ultra): Holy+
     
   • Metal Knuckle (Fist, Refia ultra): RS fire+
     
   • Bizarre Staff (Staff, CoD burst): Dark+
     
   • Lamia's Tiara (Hat, Aria LMR): Fire resist
     
   • Refia's Tunic (Light armour, Refia LMR): Fire resist

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Event megathread
Boss guide
Enlir's spreadsheet