OVERVIEW
Introduction The Eternal Layer is the core of the Valhalla Deflationary Liquidity Network (DLN), designed to create sustainable yield, deflationary value, and long-term scarcity. The Eternal Layer operates through two foundational tokens: ODIN and pValhalla.
Token Overview
ODIN: ODIN is the primary token used across the 15 permanently locked UniV2 liquidity pools, essential for protocol operations. These liquidity pairs facilitate market activity, capturing fees that reduce ODIN’s circulating supply and increase deflationary pressure.
pValhalla: pValhalla is a yield-generating asset, obtained by staking ODIN. Its deflationary mechanics enhance the overall value within the ecosystem. Additionally, pValhalla powers a pOHM/pValhalla liquidity pool, the 16th permanently locked pool of the Valhalla DLN. This pool further strengthens deflationary mechanisms by generating arbitrage opportunities and preserving value.
Key Mechanics and Security Features
Permanently Locked Liquidity Pools: ODIN is paired across 15 permanently locked pools, which provide a stable foundation and natural volatility. Fees collected from these pools contribute to reducing ODIN’s supply, creating a deflationary effect.
Fee Structure: Wrapping ODIN to pValhalla and unwrapping pValhalla back to ODIN incurs a 1% fee each way, with an additional 0.77% tax on pValhalla. These fees support yield generation and deflation, ensuring ongoing sustainability for the ecosystem.
Renounced and Tax-Free ODIN: The ODIN token is a fully diluted, renounced ERC-20 contract with 0/0 tax, ensuring fair distribution and transparency. With no team tokens, ODIN provides a secure, community-driven foundation for Valhalla DLN.
Deflationary Strategy and Yield Generation
The Eternal Layer’s design maximizes yield and scarcity through natural market activity and strategic tokenomics. Users can stake ODIN to earn pValhalla, amplifying the value of both tokens. The unique structure of the liquidity pools, combined with the deflationary mechanics of ODIN and pValhalla, creates a sustainable, yield-generating system focused on long-term value.
Closing Summary
The Eternal Layer forms the foundation of Valhalla DLN, prioritizing deflation, yield, and security. Through ODIN and pValhalla, Valhalla DLN is committed to creating a robust, decentralized ecosystem with lasting value for the DeFi community.
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