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Champions of Equestria

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safe2281367 artist:audrarius615 applejack208598 fluttershy268905 pinkie pie266819 princess celestia116560 rainbow dash291150 rarity226182 spike95518 twilight sparkle371674 alicorn336904 dragon92592 earth pony551213 human269713 pegasus542777 pony1711337 unicorn587616 equestria girls268201 g42123512 aesop's fables5 comic142215 female1912207 human ponidox4371 humanized123968 male589934 mare814156 self ponidox11046 the honest woodman4 triality374 trio32408 twilight sparkle (alicorn)155287 unicorn twilight38003

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Red Miles
Non-Fungible Trixie -
The End wasn't The End - Found a new home after the great exodus of 2012

Wow, this has been done in a lot of things apparently. Link to the Past has this too, its how you get the upgraded boomerang.
 
Find a fairy cave behind a waterfall iirc and it asks you if you want to throw an item in. Use the boomerang there and it upgrades it to a better version, nearly the same text too. Also fills any bottles you use with the potion that restores hp/mp.
Vree
Lunar Supporter - Helped forge New Lunar Republic's freedom in the face of the Solar Empire's oppressive tyrannical regime (April Fools 2023).
Not a Llama - Happy April Fools Day!
Magnificent Metadata Maniac - #1 Assistant
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Fine Arts - Two hundred uploads with a score of over a hundred (Safe/Suggestive)
The End wasn't The End - Found a new home after the great exodus of 2012

Great take on a classic tale!
 
Also,  
“You fall in spring of drowned alicorn. Very tragic legend of alicorn, who drown in that spring one thousand years ago, now whoever fall into spring take body of alicorn. Is very bad spring.”
bobstebob

This remind me of one Chapter in Doraemon. In that chapter, Gian fell in a pond, then a lady came out with a handsome Gian and ask Nobita and Doraemon whether this handsome Gian is the one they dropped. After Nobita and Doraemon answered no, the lady granted them the handsome Gian who they don’t know what to do with. On the other hand, the Gian desperately try to get out of the pond, only be pulled back by the lady.
 
The last panel of this comic especially resembles that chapter.
fixman88
Sapphire - For users who have donated to the site
Happy Derpy! -
Bronze Supporter -
The End wasn't The End - Found a new home after the great exodus of 2012

Poni since '84
Ok, I remember seeing this same story in the old Star Wars Droids/Ewoks animated series in the 80s. Princess Kneesa dropped a bracelet in a pond and a lady came out and retrieved a really nice jeweled one that was much fancier than the one she dropped and asked if it was hers. She answered truthfully that it wasn’t so the lady retrieved her real one and gave it back.
Background Human
Lunar Supporter - Helped forge New Lunar Republic's freedom in the face of the Solar Empire's oppressive tyrannical regime (April Fools 2023).
Preenhub - We all know what you were up to this evening~
My Little Pony - 1992 Edition
Not a Llama - Happy April Fools Day!

CHS, Class of 20XX
“Together we can study magic three times as fast!”  
*human Twi coughs*  
“Study magic twice as fast and study science at the same time!”  
“Better.”
Background Pony #8CF6
@Background Pony  
Then I guess larva Mothra and Battra died and Imago Mothra and Battra took their places too. WINGS DO NOT CHANGE CHARACTER PERSONALITIES!
Background Pony #C37D
Poor unicorn Twilight was exiled after that by alicon Twilight. It was very sad.