Indestructible (Effects that say "destroy" don't destroy that permanent. An indestructible creature can't be destroyed by damage.)
When The One Ring enters the battlefield, if you cast it, you gain protection
from everything (A permanent or player with protection can't be targeted, enchanted, equipped, fortified, damaged or blocked by sources of the given property.)
until your next turn.
At the beginning of your upkeep, you lose 1 life for each burden counter on The One Ring.
: Put a burden counter on The One Ring, then draw a card for each burden counter on The One Ring.