THE tooltip clear says steal 18% of enemy damage and convert it to the user +18% more damage. IN reality seems to give double bonus to user 36% or maybe more . NO way a wizard with 14k power to deal 35k critical repel without even add stacks of chills on the enemy.
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I posted recently a similar thread about how many debuffs this enchantment does. In one's toon, we can see 2 debuffs icon, so maybe it is applying the damage debuff's twice. Many people have said their damage is more than intended. Developers should definitely look into this.