The Ulakk is a living pile of fecal matter from Gohkul the Great. It is the final encounter in the Dungeon of Satyrs Multiplayer campaign. Why the blazes Satyrs are protecting a giant piece of dung is unknown.
The Ulakk will break up into smaller pieces upon each successful hit. These pieces should be dealt with quickly or they can easily overwhelm and underprepared party. After about a quarter of the Ulakks health is gone he will attempt an area of effect attack that inflicts extremely potent poison. This attack will be lethal to low level parties, but it can be stopped by attacking the Ulakk as this attack charges.