ODIN
The Liquidity Network Token
ODIN is the driving force of the Eternal Layer, serving as the foundational token that powers the Valhalla Deflationary Liquidity Network (DLN). It is integral to the ecosystem's mechanics, providing the necessary volatility and deflationary pressure that sustain the network. ODIN is used across 15 permanently locked UniV2 liquidity pools, each paired strategically to create a robust and self-sustaining liquidity infrastructure on Ethereum.
Key Functions of ODIN
Permanently Locked Liquidity: ODIN is paired with 15 different assets in UniV2 pools that are permanently locked, meaning the liquidity cannot be withdrawn. This structure ensures continuous market activity and stability while creating natural volatility that is crucial to the protocol.
Volatility Farming: The liquidity pools are designed to capitalize on price movements of paired assets, forcing arbitrage traders and MEV bots to pay fees. These fees accrue in the pools and contribute to locking more ODIN over time, enhancing deflationary pressure and supporting the overall value of the token.
Staking for pValhalla: Users can stake ODIN to receive pValhalla, which serves as a yield-generating asset within the ecosystem. This staking mechanism not only provides rewards but also reinforces the deflationary aspects of the Eternal Layer.
ODIN Liquidity Pools
ODIN is paired with a curated selection of assets in 15 UniV2 liquidity pools to maximize stability and volatility farming opportunities. These pools include strategic blue-chip assets and DeFi staples, creating a diverse and resilient liquidity network. The 16th pool in the Valhalla DLN is the pOHM/pValhalla pool, which further complements the ecosystem by locking additional value and offering unique arbitrage and yield opportunities.
Token Details
Renounced ERC-20 Contract: ODIN is a fully diluted token with a renounced ERC-20 contract, ensuring that it cannot be tampered with or modified. It has 0/0 tax and no team tokens, providing a transparent and secure foundation for the Eternal Layer.
Deflationary Mechanisms: ODIN's supply is actively reduced through fees and strategic liquidity operations, making it an inherently deflationary asset. These mechanisms ensure that the circulating supply continues to decrease, adding long-term value for holders.
ODIN is more than just a token; it is the backbone of the Eternal Layer, driving yield, stability, and deflationary value throughout the entire Valhalla Ecosystem.
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