We should bring Vee to the parlay and ask her to talk to the fey!horse.
It's probably involved. And we should really tell Frenly our various conjecture s about what he may be.
And then tell him that no matter what he is, no matter how this part of the tale may resolve, from what very little we saw, he was amazing. Touch on his keeping his companions calm in the face of fear of the unknown (us), then again after being stabbed by an invisible devil, and the shock of seeing silver blood.
And then helping a child newly awoken to power in the face of those without understanding, who would start demanding answers, and not stop so she could rest and have time to think and speak with her parents.
Even if he is but a dream, he still changed the world, made it better than it would have been otherwise.