Genshin Impact Luna V Livestream Summary: Full Update Breakdown

The summary of the recent Genshin Impact Luna V livestream has shown that there is a lot of content that will be coming with the update on February 25, 2026. The livestream was primarily about Varka finally being playable, as well as the announcement of event banners, redemption codes, and a number of system additions. Although the livestream was organized, some information seemed a bit crammed together.

Genshin Impact Luna V livestream summary

Varka Playable Debut Confirmed in Luna V

After being mentioned for years in Genshin Impact lore, Varka, the Grandmaster of the Knights of Favonius, is finally making his playable debut. During the Traveler’s adventure in Nod-Krai, he was mentioned more as a far-off leader than as a person actively battling on the front lines. His story quest, called Lupus Majoris Chapter: Act 1, will also be released in Luna V. Players who finish this story quest during the version period will receive Ascension resources for Varka and more Primogems.

Limited Signature Weapon Availability

The limited weapon banner will feature Varka’s signature weapon, Gest of the Mighty Wolf. Players who wish to optimize Varka’s play will have to make some tough decisions regarding resource allocation between character wishes and weapon pulls.

Luna V Banner Phases Detailed

The Genshin Impact Luna V livestream summary explained the two-phase banner system as follows:

Phase 1

• Varka
• Flins

Phase 2

• Escoffier
• Skirk

Additionally, a Mondstadt Chronicle Banner will be featured concurrently with the event wishes. These banners usually feature reruns of older regional characters, giving players another chance to add them to their roster if they missed out on the initial release. Players interested in deeper story connections can also explore Genshin Impact Roland Lore Explained for added narrative context.

Event Activities and Combat Content

Three limited events are introduced in the Genshin Impact Luna V livestream summary:

• Sightseeing with Friends
• Homeward, He Who Caught the Wind
• Operation Stronghold Defense
• Gameplay Systems and Feature Additions

The following systems are being added to or expanded in Luna V:

• New Envisaged Echoes for Ayato and Ayaka
• Additional Genius Invocation TCG cards
• Nod-Krai themed Serenitea Pot realm with furnishings
• New boss encounter: Radiant Moongecko
• Extra music tracks in Repertoire of Myriad Melodies
• Decorative upgrades for the music interface

The Radiant Moongecko is probably the major boss in this update. Midway through the update roadmap, the Genshin Impact Luna V Special Program highlighted that these additions are intended to improve long-term engagement instead of being one-time features.

Milliastra Wonderland Upgrades

There are some improvements that Milliastra Wonderland will receive:

• Upgrades for the costume set
• An event that gives a free mannequin costume
• The premium currency for Wonderland that can be obtained during events
• A new voice interaction feature

Release Timing

The official release date for Version Luna V is scheduled for February 25, 2026. This version integrates story development and gameplay, attempting to strike a balance between character-driven storytelling and development concepts. The Mondstadt storyline with Varka and the Chronicled Banner suggests a return to the roots, while Nod-Krai developments expand the setting.