The Valhalla Scroll
Welcome my fren to Valhalla, where we work for you, forever. To first embark upon this journey, let us briefly glide over the foundational milestones that overview our journey to now:
Satoshi - invents blockchain technology, very simple state machine
Ethereum - invents the ability to program contracts such as erc20
Shib & Ryoshi shows the world the power of a renounced fully diluted erc20 contract and a burned v2 uniswap liquidity
Odin & Baransu shows the world the power of a renounced fully diluted erc20 contract, 16 burned v2 uniswap Ips, & 1 burned pod contract from PeaPod Finance.
Trust. In a world where trust is crumbling, we are Valhalla Index, a series of contracts burned onto Ethereum that come together to create a decentralized, auto-compounding, auto-rebalancing, permissionless, oracle free, index fund.
How?
THE BURNED INDEX
16 Burned v2 uniswap LPs that all are paired with ODIN, the token of the valhalla index network. these Ips can be broken down into 4 macro categories: MEMES, DEFI, MAJOR CAPS, TRADFI
Memes: tsuka, apu, soj, ape, wait, ohmi, dream, dbi
Defi: ohm, peas, link
Majors: btc, eth
Tradfi: dai, paxg
Through MEV bot activity, any time arbitrage is available on any of our pairs, the index will auto rebalance, paying a fee into the burned network to compound over time. This means no oracle needed to update price of tokens.
PEAHALLA
A series of PeaPod Finance contracts used to farm the volatility of the index and ensure maximal burned capital working for the user. We have burned 26.5 million pValhalla(odin wrapped). This burned capital is earning interest in the form odin in times of network volatility, it also serves as a way to offset any decay in the burned capital working for you to market cap ratio, eventually putting a bottom to it, and achieving long term sustainability. In addition their is a burned pOHM /pValhalla pool, this is earning PEAS that can never be cashed out, adding to the deflationary & value component of peas, which is also apart of the burned index. In addition to the burned capital working, users are able to single side stake themselves earning interest on their odin, or even be incentivized with real yield in the form of PEAS by providing their own pOHM / p Valhalla liquidity.
3rd Party Index
Here we have the permissionless nature of the protocol, the most uncontrollable aspect that adds speculation. As the burned index is owned by no one, this allows anyone to list a pair on the index and become a part of it. It allows the community and the people to steer the index over time in their direction or favor. If I had to look into the future, I believe that very large capital will come on chain, and they will look to steer the capital in MAJOR CAPS & TRADFI assets. This is why we give this opportunity to the little man, we are raised with no VC funds, fair launch, 100% community driven.
WARNING
We are highly experimental defi degen project and with that we have no idea what exactly will happen here. We are owned by no one, which leaves open the door for lots of scams. Always verify on Etherscan. Verify for yourself all of our burned pools, renounced contracts, and everything above is true. Do not listen to meme coin deployers even our own, ever since shib days scammers have linked connections to meme coin deployers, they are not to be trusted.