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All prices / Odin Liquidity Network
Odin Liquidity NetworkODIN
Rank #4236$0.00170851▼1.46% in 24 hours
Odin Liquidity Network price chart
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About Odin Liquidity Network
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.
Categories: Decentralized Finance (DeFi), Meme, Ethereum Ecosystem.
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