Rift has announced their second anniversary will kick off with the Carnival of the Ascended and Rift update 2.2, which includes a new PvP Warfront mode, additional Planar Attunement tiers, extra collectibles and items, and subscriber bonuses.
And we have a nice trailer for the expansion
I could go in to a long diatribe about all of the features and this and thats but I think the press release says it best so here's what the folks over at Trion Worlds have to say about the newest update
RIFT 2.2 Key Features
Carnival of the Ascended
This year's Carnival is more fun than ever! Collect glass beads, revel in pie-stomping and throwing contests, and challenge yourself in two new games of skill as you gather colorful masks and awesome mounts.
Try your luck in PvP at the Wheel of Fate
Danger and excitement awaits you in this alternative Warfront mode as the Wheel of Fate assigns combatants against each other in the field of war. Use your cannons to assault the Codex and attempt to seize capture points from your foes.
Special Anniversary Cape
Celebrate two years of RIFT with a special Anniversary Cape! Buy this golden cape in the carnival prize store and demonstrate your RIFT pride to all.
Tier 3 Planar Attunement
For players already at Tier 2, we've added a new third tier to all six of our normal planes. Unlock the power of the planes to store up to 16 planar charges, summon raid groups to your location, unlock epic sigils to power your weapons, improve your stats and resistances, and more!
Attunement of War – Tier 2
We've added Tier 2 Planar Attunement to PvP! Continue to customize your character by increasing Vengeance, Crit Power, and more while improving your survivability with more planar charges, Valor, and Endurance.
Return to Telara this March
Play RIFT for free from March 21 to March 25. Revisit your veteran high-level Ascended characters and experience all the awesome additions to RIFT since the launch of STORM LEGION.
Anniversary subscriber bonuses
From March 21 to April 4 all subscribers will enjoy 20% increases in the following:
Normal Kill XP or Planar Attunement (depending on your game status)
Dungeon Currency (chance to drop more)
Zone event currency
And here's the trailer!