Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
---|---|---|---|---|---|---|
2201 |
ODIN
Valhalla Index
ODIN
| $ 0.02 | -2.84% | 187 407 815 | 187 407 815 | Start Trading |
The Valhalla decentralized liquidity network (DLN) consists of 16 UniV2 liquidity pools with permanently locked liquidity. These burned liquidity pools present multi-legged arbitrage opportunities mediated by the ODIN token every time a paired asset moves in price, harvesting volatility as a burn mechanism for ODIN by forcing arbitrageurs to pay fees into the burned liquidity positions. The Valhalla DLN has also permanently locked a single-sided staking position in pValhalla which further reduces the circulating supply of ODIN through arbitrage activity between pTokens. Users can stake pValhalla to earn more Odin tokens.