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The conflict of "How Odin Lost His Eye"  is when he chose to gave away his brother Hoenir as a hostage to the people of Vanir in exchange for the Lord of the Sea, the wind and the twins.  He gave away his brother  togeher with Mimer in order to show his sincerity and end the fight with the Vanir , the wise. His brother was proclaimed the chief ruler of Vanir and was always coached by Mimer of what to answer but later on, Hoenir has been answering stupidly to the people of Vanir and angered them causing them to think that they were tricked by Odin. 
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