It is very similar to Yunas ability, but its arguably more powerful as this is an enchantment so it cant be destroyed in combat, and its in play anytime a card goes anywhere, not just the graveyard
When damage is prevented this way, New Way Forward deals that much damage to that source's controller and you draw that many cards
That's enough toughness to block virtually anything, sans flying
A handful of other cards put an interesting twist on this idea using hit counters, which are placed on victims after they die rather than before
Creature - Wurm Phyrexian Selvala, Heart of the Wilds Whenever another creature enters, its controller may draw a card if its power is greater than each other creature's power
Equip Remove a charge counter from Umezawa's Jitte: Choose one Equipped creature gets +2/+2 until end of turn