This card's effect that Special Summons a "Salamangreat" monster from your hand and Link Summons a "Salamangreat" Link Monster using the first monster as a material is the effect that applies by activating this card. (It does not target, and cannot be activated during the Damage Step.)[1]
When this card resolves, you Special Summon 1 "Salamangreat" monster from your hand. Immediately after this card resolves, you must Link Summon a "Salamangreat" Link Monster using monsters in your Monster Zone as the materials, including the monster that was Special Summoned by this card's effect.[1]
If you do not have an appropriate "Salamangreat" Link Monster in your Extra Deck and cannot Link Summon it by applying this card's effect, this card cannot be activated.[1]
This card's effect that returns a "Salamangreat" Link Monster in your GY to the Extra Deck starts a Chain. (It targets 1 "Salamangreat" Link Monster in your GY. Banishing this card from your GY is the cost to activate this effect.)[1]