Now regent of
Asgardian Empire,
Loki concocts a plan to prove himself to
Odin by killing his ancient enemy,
Laufey.
He travels to
Jotunheim to meet with his parent, and convinces them that if they kill Odin, making Loki the
All-Father, Loki will allow Jotunheim to cecede from the Empire.
In reality, he intends to kill Laufey in front of Odin, saving his adoptive father's life, and making himself the hero.