Valhalla Index ODIN
ODIN
0.01663
$
1.69 %
Change 24h
Market Cap
$ 3,115,902
Volume 24h
$ 37,304
Circulating Supply
187,407,815
Total Supply
187,407,815
ODIN
$
# | Exchange | Pair | Price | Volume 24h |
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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.