While I personally wouldn't use loops for this feature, here is a theoretical way to do it (meaning I haven't tested).
You start a loop with the number of times you want your actor to switch states of flickering.
Add a do after with your time between the flickers, plus that same time multiplied by the current loop count. That simulates your increasing do afters in your image. (current loop count starts at 0, for reference).
Flicker State just determines which opacity it's suppose to set.
The boolean is used so that only one of the flicker states is used per execution of that loop(the 0% or the 100%).