Enn helt ulfa brynnir
— eiskaldi gramr beisku
mildr réð orms of eldi —
austrfǫr þaðan gǫrva.
Enn helt brynnir ulfa gǫrva austrfǫr þaðan; mildr gramr réð beisku eiskaldi orms of eldi.
Again the thirst-quencher of wolves [WARRIOR] embarked on a well-prepared expedition eastward; the generous ruler moved the bitter heart of the snake across the fire.
[3] réð ‘moved’: Skj B emends to helt ‘held’, most likely prompted by the wording of Fáfn 27 (see NN §2034; see also SnE 1848-87, III, 598). For the meaning of ráða e-u ‘to put in motion, move sth. from or to a place, put into or out of a certain position’, see Fritzner: ráða 11.