The protagonist of the first story, Valkyrie, is the valkyrie Gwendolyn (voiced by Karen Strassman in English and Ayako Kawasumi in Japanese), the younger daughter of the Demon Lord Odin. When her elder sister Griselda is killed in battle, she inherits her sister's crystal-headed Psypher spear. Gwendolyn ends up caught up in her father's plot to gain control of the Crystallization Cauldron, and is sent away, to trick the fairies and their agent, the Shadow Knight Oswald. She ends up trapped between her commitment to bring the ring that controls the cauldron to her father and her feelings for Oswald, symbolized by that same ring. After giving the ring to Odin, Oswald, broken-hearted by the betrayal and Gwendolyn's apparent hatred of him, allows himself to be dragged alive to the Netherworld by the Halja, grim reapers in service to Queen Odette. Odette sought to reclaim him for an unspecified debt. The story concludes with Gwendolyn saving Oswald, while defying her father's demand for the Cauldron ring. With Queen Odette dead, the stage is set for the onset of Armageddon.