Read the Myth at Hurstwic Norse Mythology
This myth details the relations between the Giants and the Gods. Both indulge in treachery to obtain their goals. The Giant, who had disguised himself, is both the Shapeshifter and the Shadow. When he bargains with Odin, the All-Father, he presents himself as an ordinary mortal. However, neither he nor his horse are that. In payment for building the wall around the Gods’ city, the Giant would receive Freya, Mani, and Sunna (Sol). By tricking the Gods, he shows Them for who they really are, people who do not keep their word.
Loki, an Outsider, is the Trickster who devises a way out of the Gods’ dilemma. He shapeshifts to trick the Giant’s horse. Depriving the Giant from finishing the wall, Loki saves the Gods and presents Odin with a gift. From the union between Him and the Giant’s stallion comes Odin’s steed, Sleipnir.
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