It's a repeat of a previous April's Fool joke, and, yes, it will take ARP away from you. When it first came out we weren't sure if it was a prank or not, and some people got it stuck in their artifact slot for a while due to the time bug..
'-20% ARP'. It's not a good sign. True that you can easily buy it with little ARP, but it's not the best idea to equip it, otherwise you won't be able to get that much ARP from quests and such...
Ya. Thankfully the only quest I'm doing rn are the daily quest and I finished the pc advert so I shouldn't be too bad for the 24 hours before I can switch.
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