Wake of Fire, similarily to other Assassin Fire-type traps (except Fire Blast) do not benefit from +x% Fire Damage or -x% Fire Resistance modifiers (such as those provided by Rainbow Facets) due to the coding of their minion-type.
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Squelches this trader, making their offers on your trades invisible to anyone except themselves. Their trade listings will also be hidden from your marketplace.
Your squelch list can be managed and edited from Top right dropdown > Account Prefs > Squelches.