Why are we thinking this will be the Series finale. Season 2 was such a step up it would be a shame to lose a third version of the show after just 2 Seasons.
The rumor is that WOW always sells the rights for 2 seasons, so it has to be renewed this year.
Before the show there was this strong rumor that it won't be renewed, but now this has been dismissed. Still we won't know anything for sure until January 2023.