Waterfall of Wishing Fairy
The Waterfall of Wishing Fairy is found within the Mysterious Pond of the Waterfall of Wishing. Link can toss an item into the pond, which summons the Fairy. If Link is honest about weather he tossed an item into the pond, the Fairy may reward Link with an upgraded item.
There are three items that Link can acquire here. If Link throws in the Boomerang, he gets the Magical Boomerang in return. If Link throws in his Fighter's Shield, he gets the Fire Shield in return. If Link throws in a Magic Bottle, he gets a Magic Bottle filled with Green Potion in return.
The Waterfall of Wishing Fairy is a friend of Venus, the Queen of Fairies, who is located at the Pond of Happiness in Lake Hylia. The Waterfall of Wishing Fairy bears a striking resemblance to her, with the only exception being her wings. The Waterfall of Wishing Fairy has much smaller wings and they are also much greener than Venus' wings.