Published on: Jan 13, 2015 @ 1:11 What is Iron Banner? The Iron Banner seeks great champions to lead the fight against the Darkness. It was born to honor the Iron Lords and their efforts in the earliest days of the City. Iron Banner will last until January 20th, 4 AM EST. In normal Crucible matches, your character level and equipment’s Attack/Defense stats do not matter, as all weapons deal the same base damage relative to their archetype. However, in matches where Level Advantages are enabled (IB & Trials of Osiris), those stats do matter and will function similarly – though not