Frey tells Skirnir that he needs him to tell Gerda that he has fallen in love with her. Skirnir goes to Gerda and offers gold and jewels if she says yes. She says no so Skirnir threatens her. Frey and Gerda are now married and love each other.
Loki is jealous that Balder is better than him. Loki decides to have Hod shoot an arrow at Balder. Loki put the arrow under a mistletoe that gets rid of Balder's immortality and the arrow kills Balder. Hel says she will bring him from the dead if every living thing cries for him back. Loki refuses to cry. Odin has poisen drip on Loki every day and kills Hod.
Loki steal Freya's beautiful necklace. He turns into a seal and hops in the ocean. Heimdall finds him and gets the necklace back to Freya.