When that creature dies, its persist ability triggers, returning it from your graveyard to the battlefield with a -1/-1 counter on it.
Hardened Academic triggers, putting a +1/+1 counter on that creature.
Remove a +1/+1 counter and a -1/-1 counter from that creature as a state-based action.
Resolve the
Evereth ability from step 1.
Repeat.
Notes
If you have a way to kill
Evereth and ({1} magic symbol) ({BR} magic symbol) available, you can do so after putting a significant amount of +1/+1 counters on it to deal damage to each opponent using its second ability.
Results
Infinite +1/+1 counters on a creature.
Infinite creature ETB.
Infinite creature LTB.
Infinite creature sacrifice triggers.
Infinite damage.
Infinite death triggers.
Metadata
Bracket tag
SpicyBracket 3-4+
Probably 3 or 4, but hard to classify
1
2
3
4
5
1 · Exhibition5 · cEDH
Bracket tags are estimated from the cards and results of each combo, as a guideline rather than a strict classification.