I turned in two Gnoll fangs on red with my level 15 enchanter and got 5% for each one.
I turned in 120 with my level 9 bard and it took him to level 12, barely. He was getting less than 2% per turn in at level 11 and 12.
I would say it has been nerfed. RIP Gnoll Fangs, you always helped me avoid levels 14-19.
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