For exemple, there could be a pick-up that would let you throw the dagger at your friend. As long as the dagger stays on(in) your friend, there will be a ray that'll appear between both of you every 2-3 second for about 1 second. If you pull it out it won't work anymore until you throw it back on your friend.
You sacrifice your dagger for another type of lesser automatic damage.
This, obviously, would only be pickable in co-op (Or, it could create the beam from you to wherever the dagger is)