NOTE! This is not in English as the language says but it is in Irish (which is not an option to choose in language). The eye also only has those two, but important, lines.

The Eye, "Overseer of Wynn," is a mysterious entity of Dernic origin with great symbolic importance throughout the Province of Wynn and beyond. Throughout the history of Wynncraft, the Eye's importance has been hinted at and foreshadowed, most prominently in the WynnExcavation series of Quests (as well as appearing in the Wynncraft logo itself); but like much of the information around Dern, it remained shrouded in obscurity. 

The Eye appears as the final boss at the pinnacle of the Eldritch Outlook. After crossing the Silent Expanse and reaching the dungeon at the end of the level 101 quest A Journey Further, players must defeat the Eye at least once to unlock the endgame content of the region around the Portal to Dern, including A Hunter's Calling and the final Secret Discovery in the Silent Expanse. With 3.5 million health and an unprecedented host of mechanics and abilities, the Eye is designed to be challenged with a large party, and is currently one of the most difficult bosses in the game.

The Eye is also shown in the discovery Ne du Valeos du Ellach, with the Dern Beast saying the Eye will see everything soon. More clues were revealed about the Eye with a slightly redone WynnExcavation Site D quest, showing how another species called the Olm went insane from paranoia of the Eye watching them.