Sleipnir is Sleipnir, he is Odin's, he has eight legs." In chapter 41, High quotes the "Grímnismál" stanza that mentions Sleipnir. In chapter 42, Sleipnir's origins are described. Gangleri (described earlier in the book as King Gylfi in disguise) asks High who the horse Sleipnir belongs to and what there is to tell about it. High expresses surprise in Gangleri's lack of knowledge about Sleipnir and its origin. High tells a story set "right at the beginning of the gods' settlement, when the gods established Midgard and built Val-Hall" about an unnamed builder who has offered to build a fortification for
Hel (being) chapter 49, High describes the events surrounding the death of the god Baldr. The goddess Frigg asks who among the Æsir will earn "all her love and favour" by riding to Hel, the location, to try to find Baldr, and offer Hel herself a ransom. The god Hermóðr volunteers and sets off upon the eight-legged horse Sleipnir to Hel. Hermóðr arrives in Hel's hall, finds his brother Baldr there, and stays the night. The next morning, Hermóðr begs Hel to allow Baldr to ride home with him, and tells her about the great weeping the Æsir have done upon Baldr's