One of my favorites! Loki is my favorite god because of things like the story of Sleipnir where Loki is threatened with death by the other gods if the builder wins the bet, so Loki turns into a female horse and lures the builder's horse into the woods where he has sex with it and gets pregnant with Sleipnir!

In the Prose Edda book Gylfaginning, Sleipnir is first mentioned in chapter 15 where the enthroned figure of High says that every day the Æsir ride across the bridge Bifröst, and provides a list of the Æsir's horses. The list begins with Sleipnir: "best 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 the gods in three seasons that will keep out invaders in exchange for the goddess Freyja, the sun, and the moon. After some debate, the gods agree to this, but place a number of restrictions on the builder, including that he must complete the work within three seasons with the help of no man. The builder makes a single request; that he may have help from his stallion Svaðilfari, and due to Loki's influence, this is allowed. The stallion Svaðilfari performs twice the deeds of strength as the builder, and hauls enormous rocks to the surprise of the gods. The builder, with Svaðilfari, makes fast progress on the wall, and three days before the deadline of summer, the builder was nearly at the entrance to the fortification. The gods convene, and figured out who was responsible, resulting in a unanimous agreement that, along with most trouble, Loki was to blame.

The gods declare that Loki would deserve a horrible death if he could not find a scheme that would cause the builder to forfeit his payment, and threatened to attack him. Loki, afraid, swore oaths that he would devise a scheme to cause the builder to forfeit the payment, whatever it would cost himself. That night, the builder drove out to fetch stone with his stallion Svaðilfari, and out from a wood ran a mare. The mare neighed at Svaðilfari, and "realizing what kind of horse it was," Svaðilfari became frantic, neighed, tore apart his tackle, and ran towards the mare. The mare ran to the wood, Svaðilfari followed, and the builder chased after. The two horses ran around all night, causing the building work to be held up for the night, and the previous momentum of building work that the builder had been able to maintain was not continued.

When the Æsir realize that the builder is a hrimthurs, they disregard their previous oaths with the builder, and call for Thor. Thor arrives, and kills the builder by smashing the builder's skull into shards with the hammer Mjöllnir. However, Loki had "such dealings" with Svaðilfari that "somewhat later" Loki gave birth to a grey foal with eight legs; the horse Sleipnir, "the best horse among gods and men."

Loki is also one of my favorites, I'm hoping to do a rendition of Fenrir in the near future!

I'd love to see it!

I'll most likely do it tomorrow as well as Hati and Skoll. x3