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The legend of Idunn is told by Thjodulf much as Snorri tells it: Odin, Hoeni and Loki, while on a journey, kill and roast an ox. The giant Thiazi swoops down in eagle's shape and demands a share; Loki strikes the eagle, who flies off with him, releasing him only on condition that he will betray to the giants Idunn, "the care-healing maid who understands the renewal of youth."

To avoid confusion, and in view of the customary loose usage of the word "saga," it may be as well to state that it is here used only in its technical sense of a prose history. Völund. Dr. Rydberg formulates a theory identifying Völund with Thiazi, the giant who carried off Idunn.

So he betrays Idunn to the giants, and delivers her; he makes the bargain by which Freyja is promised to the giant-builders of Valhalla, and invents the trick by which they are cheated of their prize; by killing the otter he endangers his own head, Odin's and Hoeni's, and he obtains the gold which buys their atonement.

Idunn, the wife of Bragi, and a purely Norse creation, seems to be a double of Freyja; she, too, according to Snorri, is carried away by the giants and rescued by Loki. The golden apples which she is to keep till Ragnarök remind us of those which Frey offered to Gerd; and the gift of eternal youth, of which they are the symbols, would be appropriate enough to Freyja as an agricultural deity.