({R} magic symbol) ({R} magic symbol) , plus an additional ({3} magic symbol) minus ({1} magic symbol) for each +1/+1 counter on Runaway Steam-Kin available.
Steps
If Runaway Steam-Kin has three or more +1/+1 counters on it, activate it by removing three +1/+1 counters from it, adding ({R} magic symbol) ({R} magic symbol) ({R} magic symbol) .
Cast Squee from your graveyard or from exile by paying ({1} magic symbol) ({R} magic symbol) ({R} magic symbol) .
Iraxxa and Runaway Steam-Kin trigger.
Resolve the Iraxxa trigger, creating a 2/2 Alien Warrior creature token.
Resolve the Runaway Steam-Kin trigger, putting a +1/+1 counter on it.
Activate Phyrexian Altar twice by sacrificing Squee and the Alien Warrior, adding ({R} magic symbol) ({R} magic symbol) .