If you manage to satisfy all four in the same turn, he transforms into an upgraded version that repeatedly generates life, cards, counters, and damage every upkeep while also discounting your spells
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Well, that's what Murktide Regent does best
Prevent all combat damage that would be dealt to this creature by Walls
Anointed Procession, Mondrak, Glory Dominus, Doubling Season, and Parallel Lives are all excellent examples of cards that double token generation, but they are all quite monetarily expensive
It's combination of haste, direct damage and lifegain hate is unmatched and squarely beats lifegain and punishes blocking