Holding priority, cast Dualcaster Mage by paying its mana cost.
When Dualcaster Mage enters, it triggers, copying Graceful Reprieve, with the copy targeting Dualcaster Mage.
Resolve the copy of Graceful Reprieve.
Holding priority, activate Ashnod's Altar by sacrificing Dualcaster Mage.
When Dualcaster Mage dies, Graceful Reprieve triggers, returning Dualcaster Mage from your graveyard to the battlefield.
Repeat from step 3.
This clever loop hinges on Dualcaster Mage's enter-the-battlefield trigger continuously copying Graceful Reprieve to constantly rescue the Mage from the graveyard. While the spell recursion keeps the engine running, Ashnod's Altar acts as the ultimate catalyst, turning each sacrifice of Dualcaster Mage into a profitable two colorless mana that more than funds the next iteration. Because Graceful Reprieve immediately returns the sacrificed wizard to the battlefield, you can repeat this cycle endlessly to generate limitless sacrifices, deaths, magecraft triggers, and colorless mana.