There's a daily event that you can do on the Timeless Isle which rewards up to 3k Bronze and 500 Threads, way more than any other daily quest in the game…
Each day, players can do the Angry Sprite Event on the Timeless Isle. This is a very lucrative event as it involves killing instantly spawning mobs for 1 minute.
The Nice Sprites can be found around /way 45 73 on the Timeless Isle.
Angry Sprite Event Farm
In order to activate the event, you need to find a purple crystal, Neverending Spritewood, in the nearby area. It's not always up and only the first player to click on the crystal spawn will activate the event.
Once clicked, you will get a 1 minute debuff Crystal Breaker which makes you hostile to all Sprites. Your goal within the minute is to kill as many Sprites as possible. Once dead, they will instantly spawn back. This is Hyperspawning, but without even better for 1 minute! After the timer runs out, you'll become Friendly again and you can claim your loot.
Your loot will be determined by the number of mobs that you kill. You can likely get up to 3k Bronze, 500 Threads, Gear, Gems and many Lesser Charm of Good Fortune for more extra loot on turn in!
Here are a few Tips and Tricks to get more out of this: