Guides

Stake on Peapods

Wrapping ODIN into pValhalla on Peapods Finance — the steps, the fees, and the dependency.

pValhalla is a Peapods Finance pod that wraps ODIN. Wrapping is how you participate in the sink side of the network.

Read the sink first. The fees are meaningful — 1% to wrap or unwrap, 0.77% on trades — and the mechanism is unusual. Don't go in without understanding what the pod does with your ODIN.

Before you start#

The steps#

  1. Connect#

    Open Peapods Finance and connect your wallet.

  2. Find the ODIN pod#

    Peapods hosts many pods. You want the one wrapping ODIN — pValhalla.

  3. Verify the contract before you deposit#

    pValhalla is 0xA77013378dAc318802ddDF40bD7C7EF5dB594c95.

    Check against the contract reference before approving anything. Interface labels can be spoofed; contract addresses cannot.

  4. Approve and wrap#

    Approve ODIN for the pod, then wrap. A 1% fee applies. You receive pValhalla.

  5. Confirm in your wallet#

    Check the pValhalla in your wallet matches the address above. If it doesn't, stop.

What happens to your ODIN#

It goes into the pod; pValhalla is minted against it; unwrapping redeems it minus the 1% exit fee.

While wrapped, the fee mechanism runs: half of collected fees burn pValhalla, redistributing the underlying ODIN across remaining holders — so the ODIN backing each pValhalla grows over time. The permanently locked 33,333,333 pValhalla at the dead address takes its share of every redistribution and can never redeem it. That's the deflation channel, and it operates whether or not you participate.

Costs and risks#
Wrap fee 1%
Unwrap fee 1%
Trading fee 0.77%
Round trip ~2% before any other movement
The Peapods dependency

The largest single dependency ODIN carries. pValhalla itself is immutable — non-proxy, no owner, no pause, fees fixed at construction, staking withdrawal restricted to your own position — verified against the deployed bytecode.

The qualifier: Peapods' protocol-level fee router is admin-mutable. It affects the rewards leg — not principal, not the burn — but it's a live dependency on decisions made elsewhere. Audits and dependencies.

Nothing here is offered

Any yield figure on Peapods' interface or anywhere else is variable and volume-dependent — what happened over some past window. No promised rate; nobody committed to paying you anything.

Immutability cuts both ways

The pod cannot be rugged, and it also cannot be fixed. An undiscovered bug stays permanently — the trade throughout ODIN's design.

The pValhalla/pOHM pool#

Separately from wrapping, there's a pool pairing pValhalla against pOHM — the sixteenth of ODIN's locked pools, the sink. Its originally-staked LP is locked through the spValhalla burn chain; active stakers hold the remaining share and earn the LP fee portion. As anywhere, liquidity you add is yours and carries no permanence guarantee.

The sink — the full mechanism · Burn accounting — how the effect is measured · Provide liquidity — the other side