These are very rare items(.01%) drops, Beacons can be used to “challenge” a boss to the Dimension you are currently in. Use this item when you know you have TIME to find the boss before the Dimension closes. It is also very useful when combined with the Compass.

These are dropped about 4% of the time on loot drops. Compasses display a variety of information about the Dimension you are in including the general direction of final chests and bosses that may exist in the Dimension.