TOKENOMICS

Overview

The VALHALLA DLN operates with a streamlined, two-token system to maximize yield, ensure deflationary value, and drive sustainable ecosystem growth. The structure revolves around ODIN and pValhalla, each playing a crucial role in reinforcing the network’s long-term vision.

Token Breakdown

  1. ODIN

    • Purpose: The foundational token for VALHALLA DLN, ODIN powers 15 permanently locked UniV2 liquidity pools on Ethereum. It serves as the core of yield generation and deflationary pressure within the network.

    • Supply: Initially capped at 187 million, ODIN’s circulating supply has decreased to approximately 154 million due to ongoing deflationary mechanisms.

    • Mechanics: ODIN is paired in liquidity pools that harvest transaction fees, which in turn reduce ODIN’s supply. This deflationary model is reinforced as users stake ODIN to earn pValhalla, encouraging active participation and growth.

  2. pValhalla

    • Purpose: A yield-generating asset representing a staked form of ODIN, pValhalla is the center of the ecosystem’s deflationary mechanics and long-term sustainability.

    • Mechanics: Users can stake ODIN to receive pValhalla. When held or used in liquidity pools such as the pOHM/pValhalla pool (the 16th permanently locked pool), pValhalla amplifies yield generation and deflation by accumulating fees and enabling arbitrage opportunities. These features increase the scarcity and value of ODIN within the VALHALLA DLN.

Deflationary Model

The VALHALLA DLN tokenomics emphasize reduced supply and increased demand to create lasting value. ODIN’s deflationary mechanism, combined with yield-focused pValhalla, drives a self-reinforcing cycle that benefits holders and promotes sustainable growth. Wrapping fees and transaction taxes (e.g., 1% for ODIN-pValhalla transitions and 0.77% on pValhalla) further bolster this deflationary framework, enhancing scarcity and ecosystem resilience.

Final Note

The two-token system of ODIN and pValhalla within VALHALLA DLN ensures a balanced, deflationary model focused on long-term yield and value. Together, ODIN and pValhalla create a powerful and resilient ecosystem, reinforcing VALHALLA DLN’s mission to be a leading force in DeFi.

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