While channeling Firebats, you take 30% reduced damage and gain 60000–80000 Life per Hit.
The minimum level this item can drop at is 70. Below you will find the range of stats found on the level 70 version.
One of 3 Magic Properties (varies)
+2 Random Magic Properties
“It is claimed that Arachyr was able to restore the vital life essence of his followers by using creatures spawned from the realm that lies between our world and the Unformed Land."