Sleipnir continues that "his use of Sleipnir in the kenning may show that Sleipnir's role in the failed recovery of Baldr was known at that time and place in Iceland; it certainly indicates that Sleipnir was an active participant in the mythology of the last decades of paganism." Lindow adds that the eight legs of Sleipnir "have been interpreted as an indication of great speed or as being connected in some unclear way with cult activity." Hilda Ellis Davidson says that "the eight-legged horse of Odin is the typical steed of the shaman" and that in the shaman's journeys to the
Sleipnir mentioned in a riddle found in the 13th century legendary saga "Hervarar saga ok Heiðreks", in the 13th-century legendary saga "Völsunga saga" as the ancestor of the horse Grani, and book I of "Gesta Danorum", written in the 12th century by Saxo Grammaticus, contains an episode considered by many scholars to involve Sleipnir. Sleipnir is generally accepted as depicted on two 8th century Gotlandic image stones: the Tjängvide image stone and the Ardre VIII image stone. Scholarly theories have been proposed regarding Sleipnir's potential connection to shamanic practices among the Norse pagans. In modern times, Sleipnir appears in Icelandic folklore