Then Anniversary Celebration has daily quests that reward essence-related items. As in some past festivals, there is a daily wrapper quest that requires you to do some number (7 in this case) of regular festival quests. The "daily" wrapper does not have to be finished on the same day. If you take more than one day to complete it, it still counts. In either case, you can pick it up the next day to do it again.
Note: You must pick up the daily wrapper quest Another Lovely Year and the tiered wrapper quest A Yearly Yield as well as The Anniversary Adventure from Waldo Rumble at the Party Tree before completing any of the daily quests in order to have them count towards the total. When the wrapper quests advance, you must turn them in to Waldo Rumble to complete them so you can take the next one on subsequent days. In some festivals, similar quests are auto-bestowed or auto-complete, but in this case, you must explicitly pick them up and turn them in.
Similar to last year, there is a daily repeatable quest Another Lovely Year, which requires you to do 7 anniversary quests.
There is another quest A Yearly Yield (Intro), which requires you to do Another Lovely Year 3 times. It rewards a Fragment of a Shadow Essence, a Scrap of an Essence Reclamation Scroll, and a Pouch of Shadow Essence Fragments. So far, the pouch has contained 1 or 2 Fragments of a Shadow Essence and an occasional Scrap of an Essence Reclamation Scroll. Both are bound to character and can be bartered. 4 Fragments of a Shadow Essence will get you a Festive Shadow Essence Box, which is Bound to Account, and contains your choice of an Empowered Shadow Essence. 3 Scraps of an Essence Reclamation Scroll will get you an Essence Reclamation Scroll, which is not bound. If you have or will have level cap characters, you can earn the essence boxes on any character, even low level ones, and pass them to characters that can use them. Essence Reclamation Scrolls can be passed, traded or sold. Lower-level characters can barter these in Bree or other locations during the festival.
There are three tiers of A Yearly Yield, Intro, Intermediate and Final, each requiring you to do Another Lovely Year three times. There is an overall wrapper quest The Anniversary Adventure that rewards 2 Fragments of a Shadow Essence, a Scrap of an Essence Reclamation Scroll, a Pouch of Shadow Essence Fragments, and a Universal Solvent.
It is relatively easy to get the 7 quests per day. The Fireworks in Bree quest, although only available when it is dark in-game, has a 30 minute cooldown. Each quest in the Gift quest cycle counts as a separate quest. The quests reset twice a week, so you can save some to do on a different day if you've reached 7. Fireworks in the Shire at the Methel-Stage repeats every 10 minutes day or night. The Mightiest Blow in the Thorin's Hall Arena is also repeatable.