For those who have never seen these cards before, there's an explanation of these cards from Wizards of the Coast published back in 2005
This ring eventually ended up in Gandalfs hands and was known to inspire hope and boost morale in others. Vilya, the third ring among this trio, was known as the Ring of Air. Apparently, no one really knows what exactly this ring was capable of, but many believe that this was the power used by Elrond to protect the Elven city of Rivendell
Colorless Many players will find the card draw in their colors is more than enough to keep the cards flowing, but there are some reasonable colorless choices, particularly if your deck cares about artifacts
I do love this design space with enchantments because it allows you to be a little more flexible with when you want something or can get it than the automatic Sagas (which I also love)
Note that all of these function after blockers are declared which is the entire point of an instant granting a creature first strike to begin with
It would be nice to see a reprint of this card with new artwork and the opportunity for people to pick up foils for their favorite Commander decks