Ring of Favor

The Ring of Favor grants 3% boost to your maximum HP, 9% boost to maximum Stamina, and 5% boost to your maximum equip load. At SL1, the most useful effect of the ring is the boost to Stamina. The ring is dropped by the Sulyvahn's Beast x 2 near the Water Reserve bonfire.

SL1 How to get Ring of Favor, Dark Souls III

You should have received the Slumbering Dragoncrest Ring from Orbeck after giving him all four sorcery scrolls, purchase all sorceries from him, and exhaust his dialogue. Also purchase the Hidden Body sorcery from Orbeck. The Slumbering Dragoncrest Ring together with Hidden Body would allow you to safely approach a Sulyvahn's Beast to cheese it with poison. Both poison and toxic are a potent combination, but at the moment it is very dangerous and almost impossible to grab Toxic Mist.

The Storyteller's Staff is the best weapon for inflicting poison on an enemy. The poison from the staff lasts a long time, longer than that of the Poison Mist pyromancy. When poisoned with the weapon art of the staff, each tick chips more HP than when poisoned with Poison Mist. Farm the two Corvian Storytellers who are located between the Road of Sacrifices bonfire and the Halfway Fortress bonfire. Equip the Symbol of Avarice and the Covetous Gold Serpent Ring to boost your Item Discovery. Pop a Rusted Gold Coin to further boost your Item Discovery. Purchase Rusted Coins from Patches if you need more. Make a backup of your save file and reload your backup in case the Corvians refuse to drop the Storyteller's Staff.

Ensure you have at least Ashen Estus Flask x 6. Make your way to the water reserve at Irithyll, after the arena of Pontiff Sulyvahn. The water reserve can be accessed by hitting an illusory wall and descend a steep ladder. At the water reserve, you will find Sulyvahn's Beast x 2. Equip the Slumbering Dragoncrest Ring to mask your sprinting and walking sound. Cast Hidden Body to obscure your presence. Approach the left-most beast and cast the weapon art of the Storyteller's Staff to poison the beast, then run to the ladder and wait. Rinse and repeat until the beast dies. Apply the same strategy to the right-most beast. The defeat of both Sulyvahn's Beasts should reward you with the Ring of Favor and reveal the Water Reserve bonfire.