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My reccomendations for valoring: elite 230 hero if you want to concentrate on one siege, any top reward hero if you want to have good damager for Leagues, any hero starts Necrons if you plan to create "universal soldier" for sieges (requires reviver, good runes, for wizards - have 150% WIS buffer)
Start to think about valoring at ~7k level. You will have good heroes but no many choices to future ugprades before you unlock first Necron and next heroes
Valoring saves equipment (my blue star on Foyme), green stars (returned to your storage) and runes (you can change runes on your hero with valor anytime)