Blim does not have summoning sickness and cannot be blocked by an opponent.
You control a face-down creature whose front face is a permanent card.
Steps
Deal combat damage to an opponent using
Blim.
Blim triggers, giving control of
Karlov Watchdog to an opponent.
During the opponent's turn, activate
Phyrexian Altar by sacrificing a face-down creature you control, adding one mana of any color.
When the creature dies,
Yarus's second ability triggers, returning it from your graveyard to the battlefield face-down as a 2/2 creature, and then not turning it face-up due to
Karlov Watchdog.
Repeat from step 2.
Results
Infinite LTB.
Infinite ETB.
Infinite colored mana.
Infinite sacrifice triggers.
Infinite death triggers.
Metadata
In 0 decks according to EDHREC.
Bracket Tag
This combo has been estimated to be Exhibition (Bracket 1+).