It's not put into the graveyard
You end up in a bit of a bind with Phoenix where you want to build your deck with a little more learn to maximize recurring it, but you dont really want to max out on Phoenixes and draw multiples, but also your desired sideboard Lesson count varies a lot depending on whether you draw Retriever Phoenix in a game
Commander Karn, Legacy Reforged Karn's power and toughness are each equal to the greatest mana value among artifacts you control
All thats fine, but Golgari has plenty of draw effects like this that dont need you to pay life
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King Midas got cut again, this time from Born of the Gods