Would you consider a 1 year wipe cycle?

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Like I said, I prefer tight gear scaling, where several tiers are only a few % of power away from each other. So even after a few years the very first top tier gear would be just a few steps below the current top tier gear.

But my ideal is L2's epic jewelry. It's super powerful items that drop once per farm of the boss (with some bosses not even 100% dropping it) and some of the bosses being on a 1-2 week cd. So, in AoC's case, getting every member of your full raid a single piece from a single boss would take 40 weeks (or 80, with top lvl bosses). And with those bosses being contested by literally every guilds that wants that jewelry (it being the literal BiS for most classes) - you have yourself years-worth of pvx content until you get to fully equip your raid in a full set of that jewelry.

L2's epic jewelry mainly gave CC boosting stats (both application and defense against), with a few of them boosting crit rates and damages, so, while it definitely increased your dps (or overall impact in pvp), it wasn't a direct atk stat boost.

And even after years of updates players who managed to get their hands on a full set would be revered as the top people on the server. Oh, and there were 0 visuals tied to that jewelry, so it was all about the stats and the power rather than just showing off a cosmetic.