Send this card to the graveyard with the effect of "Dragunity Legionnaire" to destroy an opposing face up monster as well as one other card. Have "Mist Valley Falcon" use its effect to return "Dragunity Legionnaire" to your hand and reuse its effect to destroy two cards again next turn.
Send this card to the Graveyard with "Dragunity Knight - Vajrayana's" effect to not only double its ATK (to 3800) but to also destroy any card opposing your clear path to the opponent.
You can Special Summon "Dragunity Arma Leyvaten" or "Dragunity Arma Mystletainn" with this cards effect since it doesn't have a limit on what level the Special Summoned monster must be. However, do keep in mind that their effects will Miss the Timing because the last thing to occur is the equip of this card to the monster, and not the Special Summoning.
To remedy that, you can chain "Book of Moon" to this card's effect so that the last thing to happen would be "Leyvaten's" and/or "Mystletainn's" summon, and therefore they don't miss the timing. However, take note that the reason why they miss the timing is also the reason why the monster summoned by "Aklys" is immune to summon-activated traps and spells like "Future Vision", "Bottomless Trap Hole", "Torrential Tribute" etc. Therefore if you use this, these cards will be unable to activate.
You can also use "Release Restraint Wave" to destroy this card equipped to other cards in order to destroy all of opponent's set Spell/Trap and also one extra card due to this cards effect.
Use "Scrap Dragon's" effect to destroy this card and destroy 2 cards in opponents field.
Use this card as the cost for "Scrubbed Raid" to both end the battle phase and destroy one card on the field.
You can use "Mystical Space Typhoon" on this card (While it is equipped to a Dragunity) to destroy any card your opponent controls.
Equip "Aklys" to a Cyberdark monster and attack a more powerful monster, at the cost of battle damage you can then destroy a card on the field.
Use "Creature Swap" to give this monster to your opponent and steal one of theirs, then use a monster like "Relinquished", "Underground Arachnid", one of the Allure Queen monsters, or "Morphtronic Vacuumen" to steal it back and destroy it via effect. "Vacuumen" will deal 500 points of burn damage, and any of the others will be bale to use it for the same trick as the Cyberdark monsters would, and "Relinquished" has the added bonus of inflicting the same amount of battle damage to your opponent that you take.