Valhalla Index ODIN
ODIN
0.009436
$
3.12 %
Change 24h
Market Cap
$ 1,764,998
Volume 24h
$ 12,681
Circulating Supply
187,407,815
Total Supply
187,407,815
ODIN
$
# | Exchange | Pair | Price | Volume 24h |
---|
Description
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.