Andvaranaut was the dwarf Andvari's most prized possession, a ring that could multiply gold without end. When Loki stripped it from him as the last piece of his hoard, Andvari laid a curse upon it — the ring would bring ruin and death to all who possessed it.
Atli's greed for Andvaranaut and the Nibelung gold drove him to murder Gunnarr and Högni. The cursed ring destroyed Atli as it had destroyed every previous owner, fulfilling Andvari's prophecy.
Fáfnir murdered his father Hreidmar to seize the cursed gold hoard including Andvaranaut. The ring's curse consumed Fáfnir with greed so total that he transformed into a dragon to guard the treasure.
Gudrún showed the ring Andvaranaut to Brynhild as proof that Sigurd had crossed the flames in Gunnarr's shape. The cursed ring's reappearance exposed the deception and triggered the Völsung catastrophe.
Andvaranaut's curse passed to Gunnarr when he inherited the Nibelung treasure after Sigurd's death. The ring had already exposed his deception to Brynhild and would draw Atli's fatal greed.
Högni guarded the Nibelung gold including Andvaranaut after Sigurd's death. The cursed ring destroyed him as it had every previous owner — Atli killed Högni to seize the treasure.
Andvaranaut, the cursed ring of the dwarf Andvari, was paid to Hreidmar as part of the wergild for his son Otr's death, carrying a doom of greed and ruin.
Loki seized the cursed ring Andvaranaut from the dwarf Andvari, stripping him of his last piece of gold as part of the ransom for Ótr's death. Andvari cursed the ring to bring ruin to all who possessed it.
Sigurd claimed the cursed ring Andvaranaut from Fáfnir's hoard. He gave it to Brynhild as a pledge of love, and its reappearance later proved the shape-swapping deception that led to his death.
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