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While your permanents dont get phased out, which is definitely a better form of protection, you can use Earthshape to give all of your creatures indestructible and hexproof until end of turn
Your foes will know if they attack you and kill your blockers, they're going to be making the squawking hellions you send back their way even stronger
Getting to shrink the toughness of all opposing creatures to one makes combat a nightmare for the opponent
It also allows you to pay three mana and tap it to make a 2/2 that is every type, which is a nice bonus when times are tough, and your hand is non-existent, but thats really not the point here
Charizard ex - 215/197 - SV03 Ultra Rare For an ultra rare Charizard card, $30 isnt very expensive