You can't lose life.

Creatures you control have power 0.

At the beggining of your upkeep, gain control of target permanent. Put two +1/+1 counters on another target creature you control.

{11}{W}{W}{W}{W}, Remove Spongebob Squarepants from play: Shuffle your hand and all other permanents you own into your library then draw seven cards. You gain an emblem with: "At the beggining of your upkeep, put two permanents from your hand into the battlefield and draw three cards". You gain three extra turns after this one.