Dragon Temple Raiders Part 1 & 2

Hey everyone there was a post about DT further back but it didn't answer my question so i figured I'd try fresh eyes.
Many of you have done Dragon Temple Raiders I'm sure for the fash, badges, etc. as well as free pk in which i call Part 1 that everyone does, and have found the infamous useless moonwater keys. I already know you turn these in with a silver dragon order for something but despite hours of searching I can't find anyone who knows what happens or what you get. So far all I've come up with is a screenshot of a pink water dragon from the Asia server which i assume is in another area entirely (Possibly Part 2). Anyone know more details and if so could you please post them? I may use this info in a Dragon Temple Raiders FAQ/Guide later on. Will give due credit to helpers b:victory
btw in exactly 32 minutes i will be doing this "Part 2" with my Faction so i'll post what i find as well.

Edit: Just finished after...3 1/2 hrs in the dungeon with a heck of a squad and it was amazingly hard. will post pics and details once we got them all figured out. Thanks to RigaMortiZ, jamesford, Diaphane, F_tality, Cute_Psycho, BelleFemme, Tsekrad, Evlwolf, and any others from the Harshlands server I may have forgotten who helped make this possible!