As mentioned, it being an exile turns off so many strategies, and being able all of the most common permanent types, bar lands, means it's an emergency button that ultimately slows games back down to a crawl
Likely better than Oblivion Sower if it stays on the battlefield
Hinata is deceptive, and I guarantee youll underestimate just how potent this card is until youve played against it
Obyra doesnt care if it is a token or even a noncreature Faerie card, theyre still making tokens
What makes it even more attractive is how it can enchant something like a Mirage Mirror or other value piece that might otherwise evade removal or be easy to recur from the yard in a deck like Muldrotha, the Gravetide
This is a safe and easy way to do some serious damage to your opponent, as long as they aren't running any counter spells.