In real life, alchemy was an early scientific movement that wound up stumbling upon a few concepts important to modern science. In Mabinogi, it's at the heart of the most recent update as a mixture of both science and magic, allowing characters access to new skills and abilities through research and magical prowess. The Alchemist update for the game has just been released into the wild, and brought with it a new form of gameplay, the aforementioned Alchemist abilities, and not one but two different holiday events for players to enjoy.
"Today, leading game publisher Nexon announced its venerable free-to-play fantasy MMORPG "Mabinogi" will be celebrating its 14th anniversary on March 27th, 2022." - Nexon.
"Leading game developer Nexon today announced that they have just released the second update to the "Stardust" saga for their F2P fantasy MMORPG “Mabinogi." - Jonas Ek, TGG.
"Leading game developer Nexon has announced the newest Stardust update for its free-to-play fantasy MMORPG "Mabinogi". Beginning today, Milletians will be introduced to the latest non-playable character (NPC) Melwyn, who will award players with materials to unlock mystical Stardust skills. Players will also be able to participate in the challenging Shadow Missions and new Intermediate Dungeon Levels." - Nexon
This looks good, and the studio was created by the original Arkane Studios head, so it should be in good hands.