Last Chaos is receiving a lot of new content today, ranging from new armor and weapons to a new high-level end-game dungeon. There's even a new crafting system and the addition of an alternate leveling system called "The Phoenix System." Aeria Games released more information about it in a press release:
An alternate character advancement system dubbed "The Phoenix System" will add a new element to leveling. These "Phoenix" characters will have extra statistic points, and will do more overall damage than normal characters. The characters will also be easily identifiable by their unique armor and weapons.
Keep reading after the jump for the full press release, which contains more information on this first phase in a "massive overhaul" of the game. Last Chaos is free-to-play.