Use this card in a "Monarch" Deck to have infinite Tributes for more "Monarchs", provided they can survive the opponents turn.
You can utilize "Escalation of the Monarchs" to Tribute this card on your opponent's turn, removing it from danger and summoning it back before the start of your own turn.
Add in "Return of the Monarchs" to search out a "Monarch" from your Deck to Tribute this card for each time you perform a Tribute Summon.
This card would work well in a "Steelswarm" deck as constant tribute fodder.
However, keep in mind that if you use this for a Steelswarm tribute summon that you probably won't get the effect since Steelswarm require you to tribute a Steelswarm monster.
In a deck using the three Egyptian Gods, you can tribute 3 "Tri-Stars" to summon the Egyptian God and, if you keep them around for one more turn and happen to have another, you can tribute them again for another Egyptian God.