All effects only apply to models from Warhammer: Daemons of Chaos. A weapon engraved with a Rune of Daemon Slaying receives a +1 bonus To Hit and To Wound.
A weapon engraved with two Runes of Daemon Slaying receives a +1 bonus To Hit and To Wound and gains the Multiple Wounds (D3) special rule.
A weapon engraved with three Runes of Daemon Slaying hits and wounds on a roll of 2+, has the Multiple Wounds (D3) special rule and no ward saves can be taken against it.