This beautiful triangular silver Wankel shield, adorned in a beautiful animated landscape of a lustrous fey cliff at twilight. The shield was forged by Moradin to assist Corrrelon in the war against Gruumsh.

Dormant

While this shield is in it's dormant state, it grants a +2 armor class on top of that a shield does. In addition, while in its dormant state, the shield has 11 charges, and regain 1d8 + 3 charges at dawn.

Madness. The land of the fey can drive some mad, and the madness of the fey carries through to this shield. Every time you expend a charge of the shield, increase your madness score by the amount of charges spent. When one first attunes to the shield, they have a madness score of 50 - 2 times their wisdom score. The lowest a madness score can go is 1, but the lowest a specific creatures madness score can go is their madness score when they first attune to the shield. At the end of every long rest, roll a wisdom saving throw, you may lower your madness score by the amount rolled. The DM has a table to know what happens at certain thresholds of madness.

Spells. You can use an action to expend 1 or more of the shield's charges to cast one of the following spells from it, with an attack modifier of 2 times your proficiency bonus, and your Save DC of 8 + double your proficiency bonus: Sleep (3 charge), Dissonant Whispers (3 charges), Entangle (3 charges), Shield (3 charges), Crown of Madness (6 charges), Pass without Trace (6 charges), Zone of Truth (8 charges), Blink (8 charges), Mass Healing Word (9 charges), Tiny Hut (9 charges), Compulsion (12 charges), Polymorph (12 charges), Dream (15 charges), and Modify Memory (15 charges).

You can also use an action to cast the Druidcraft, Friends, Dancing Lights, Minor Illusion, Faerie Fire, Silent Image, Speak with Animals, and Misty Step spell from the armor without using any charges.

Awakened

Once this shield is in it's Awakened state, it grants a +3 armor class on top of that a shield does. In addition, while in its Awakened state the armor has 14 charges, and regain 1d10 + 4 charges at dawn.

Folding Guard. Once Awakened, the Shield of the Feywild gains the ability to project larger magical defenses. As an action you can convert the shield into a bracer, while its in a bracer you cannot use any of the shields abilities other than this one. You can cast Resilient Sphere, Invulnerability, Globe of Invulnerability,or Wall of Force in exchange for gaining 10 madness. When you cast these spells this way, you do not have to concentrate on them, provide any material components, and their duration becomes until dispelled or dismissed. As an action, you may return the shield to its natural state.

Exalted

When this shield becomes Exalted,  it grants a +4 armor class on top of that a shield does. In addition, while in its Exalted state the armor has 16 charges, and regain 1d12 + 4 charges at dawn.

Mad Power. Once the Shield of the Feywild is Exalted, you may gain 70 madness to cast the fallowing spells, Wish, Gate, True Polymorph, True Resurrection, or Mass suggestion at 9th level.

Shields require the Utilize action to Don or Doff. You gain the Armor Class benefit of a Shield only if you have training with it.

Notes: A non fey creature, Damage, Movement, Combat, Footwear, evocation