The Gauntfiled comes to cut your head
Pray to the gods he scares you dead
For if he reaps you with his blade
It's your soul that will forever fade
Never again to spin the wheel
Kneel down, your fate is sealed
Know better than to resist or fight
He'll never retreat save by day's light
The Gauntfield is a terrible omen that the gods wish your soul to perish. Not just a death by an otherwordly creature but the complete obliteration of your soul. If you are cut down by the Gauntfields scythe there is no hope of reincarnation, resurrection, or rebirth of any sort. His blade has the penetrating power to obliterate that which has no form, mainly your soul.
His main purpose is to collect your bones in a sack so that he might sell them in the other world. A hefty price is had for bones that have no soul attached to it.