This loop relies on an infinite dance of -1/-1 counters between Grim Poppet and Hulking Metamorph, which enters as a copy of Grim Poppet to share its counter-moving ability and ensure both creatures can target each other. Each time a counter is removed and placed onto the other, Flourishing Defenses watches the -1/-1 counter being put on a creature and triggers to create a 1/1 green Elf Warrior creature token. Because neither creature is destroyed by the counters during the process, you can repeat this back-and-forth activation indefinitely to generate an endless supply of creature tokens and enter-the-battlefield triggers.