Cause an artifact to enter the battlefield under your control.
Weftstalker Ardent triggers, dealing 1 damage to each opponent.
Malcolm triggers, as Weftstalker Ardent is a Pirate due to Amorphous Axe, creating a Treasure token for each opponent dealt damage this way.
When the Treasure(s) enter, Weftstalker Ardent triggers that many times.
Resolve the first Weftstalker Ardent trigger, dealing 1 damage to each opponent.
Repeat from step 3.
By equipping Amorphous Axe to Weftstalker Ardent, you instantly transform it into a Pirate alongside its native creature types, bridging the gap between its own triggered ability and Malcolm, Keen-Eyed Navigator. When any artifact enters the battlefield to kick things off, Weftstalker Ardent deals damage to your opponents, which makes Malcolm reward you with Treasure tokens. Those very same Treasures entering the battlefield then loop right back into Weftstalker Ardent's damage-dealing trigger, creating a self-sustaining loop of fiery blasts and endless loot.