It can only be wielded properly by paladins of level 100 or higher.

Yana will trade you one for 50 Gold Tokens .

History

It could be charged with the Critical Hits bonus by asking Yana for it till Summer Update 2017. There were three levels of charging:

On the same update, this weapon received 3 imbuing slots and its attack and hit modifier values were adjusted to the to values of its overcharged version.

With the Winter Update 2017, Bow of Carving, Bow of Mayhem and Bow of Remedy were merged into Bow of Destruction.