|Codex Regius||Codex Trajectinus||Codex Wormianus||Emended & Modernized|
|1 : 1-4||Variants||Variants|
|Flvgstalla reð fellir||Flugstalla réð felli|
|fiorniotz goþa at hveria||fiørmotz ; hvetia||fiornatz ; hvetia||fjörnets goða at hvetja,|
|drivgr var loptr at livga||drjúgr var Loptr at ljúga,|
|log seims faþir heiman;||logsems||lögseims faðir heiman;|
This half-stanza consists of two sentences. The secondary sentence is neatly interpolated in the third line:
Faðir lögseims réð at hvetja heiman felli fjörnets goða flugstalla; drúgr var Loptr at ljúga, i.e. "the father of the sea-thread [Loki] set about urging the feller of the life-net of the gods of the flight-ledges [slayer of giants = Þórr] to leave home. Loptr [Loki] was a mighty liar."
The emendations seem unavoidable. In the second line a full in-rhyme is expected, and the nominative fellir is impossible.
faðir lögseims ] "father of the sea-thread" is Loki. The "sea-thread" is, of course, the great Midgard-serpent, dweller in the ocean surrounding the earth. According to Snorri, he is the son of Loki and Angurboða. Similar kennings for the great world-serpent are common in skaldic poetry, e.g. sæþráður (sea-thread), jarðar þráður (earth thread).
réð at hvetja heiman ] "set about urging (Thor) to leave home" Réð may simply be a meaningless ancillary verb, in which case réð að hvetja is equivalent to hvatti "encouraged, urged". Heiman means "from the home, away from home".
felli fjörnets goða flugstalla ] "feller of the life-net of the gods of the flight-ledges" = "slayer of giants", i.e. Thor.
The word fjörnet occurs nowhere else, but the meaning is "life-net", presumably the "web of fate/life" woven by the norns, and strung out across the heavens (cp. Helgakviða I, 3-5: Sneru þær af afli örlögþáttu ... þær um greiddu gullin símu og und mána sal miðjan festu ... þær austur og vestur enda fálu ... brá nift Nera á norðurvega einni festi, ey bað hún halda, i.e. "they twisted strongly the threads of fate ... they prepared the golden thread and fastened it under the middle of the moon's hall (heaven) ... east and west the secured its ends ... Neri's kinswoman (Urd) threw one cord towards north, and commanded it to hold forever.") The feller of such a "life-net", the one who makes it collapse, is a slayer.
The "gods of the flight-ledges" are giants. The word flug has two distinct meanings: "flight, flying" and "sheer (perpendicular) cliff" (cp. hengiflug, klettaflug). Both meanings are appropriate here, and possibly related. The sheer cliff is a common haunt of eagles and falcons (cp. 19:5 where vallátr "falcon-lair" means "cliff").
Loptr ] "Airy" is a well-known name for Loki.
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