This renders it no longer vulnerable to direct attacks and makes the equipped creature a little stronger at the same time
You'll notice that this format also adds more Evolution strategies to the format, taking advantage of the new GX mechanic introduced in Sun & Moon to bring Stage 2s to the forefront of the metagame (that aren't just Greninja or Vileplume)
How MTG Cards Are Printed: From Sheets to Decks Now lets look at the process
Find a discard outlet like Noose Constrictor or Putrid Imp, and discard Dakmor Salvage over and over while The Gitrog Monster is on the field
Black decks used it to leave you without a hand thanks to cards like Hymn to Torach while they had a full one thanks to Necropotence
The power level on this one is roughly that of Phyrexian Arena Id estimate and given that a slower, less mana efficient Phyrexian Arena was one of the strongest card drawing tools in the last Standard (Underworld Connections), Id be very surprised if Sultai Ascendancy didnt prove to be very good in Magics most played Constructed format, likely as the best enabler for a delve-abusing Sultai midrange or control deck