Your Wisdom score increases by 2.

Although Fairies reach physical maturity at about the same age as humans, the elven understanding of adulthood goes beyond physical growth to encompass worldly experience. An Fairy typically claims adulthood and an adult name around the age of 100 and can live to be 750 years old.

Fairies are small, and have tiny little wings. Your size is medium.

Your base walking speed is 30 feet.

You have proficiency in the Arcana skill.

You have small wings which allow you to "glide."  You can jump 15 ft in the air, and slowly fall to the ground, 5 ft every turn. This can be done as many times as your proficiency modifier

Elves don’t need to sleep. Instead, they meditate deeply, remaining semiconscious, for 4 hours a day. (The Common word for such meditation is “trance.”) While meditating, you can dream after a fashion; such dreams are actually mental exercises that have become reflexive through years of practice. After resting in this way, you gain the same benefit that a human does from 8 hours of sleep.