Spawns a sword above Isaac's head, which doubles all item pedestals. After Isaac takes damage, the sword can randomly fall at any point, instantly killing him.
Quote
"A king's fortune... but at what cost?"
Effects
Upon use, summons a sword that hangs directly above Isaac. As long as the sword hangs above Isaac, all item pedestals and items spawned from Machines and Beggars are doubled, spawning an additional, free item next to them.
The extra item spawned will be pulled from the current room's item pool.
After Isaac gets hit once with the item activated, at any time without warning, the sword may fall, instantly killing Isaac regardless of his health. The sword has a 1/10000 chance every 4 frames to fall.
Self-damage (such as from a Blood Bank, Devil Beggar, Curse/Sacrifice room, or self-damage Active Items) does not count as damage taken for Damocles, and will not give it the chance to fall.
Synergies
Holy Mantle - Damage blocked by Holy Mantle doesn't count as damage, making it safer to use Damocles.
Infamy - Blocked damage does not count as damage and can delay the triggering of Damocles.
Host Hat - Blocked damage does not count as damage and can delay the triggering of Damocles.
Cone Head - Blocked damage does not count as damage and can delay the triggering of Damocles.
Metal Plate - Blocked damage does not count as damage and can delay the triggering of Damocles.