havamal33:

The symbol commonly known as the “Valknut” actually has no attested name, and is likely not at all indicative of Odin’s self sacrifice, the choosing of the slain, or spear wounds, or any variety of morbidly meaningless nonsense attributed to it in the modern age. In every pictographic example the “valknut” is shown in connection to the mead of Inspiration, either with odin (as an eagle) stealing it, or valkyries distributing it, studies show that valkyries have less to do with death than previously believed.
The mead of inspiration takes on three forms (this artifact of paganisim survives in alchemy, where it is represented by negredo, albedo, and rubeo) known as the three batches; son (penance), Boðn(vessel), and oðrerir (stirrer of inspiration). The three batches are represented by the three triangles of the “valknut”, which snori tells us may all be referred to as oðrerir,as a kenning, a name that i propose for the “valknut”.
The three triangles also represent nine worlds, while the interior shape is that of three kenaz runes, which represent the flame of illumination, the sparks of mushpellheim which set creation into motion, and from which the luminaries are all risted. The kenaz runes may also mean Kavaesir, the name of the god from whom the mead is made. The Stora Hammars stone, which bears one of the most popular “valknuts” clearly depicts the sacrifice of Kavaesir, as well as Odin in Irmine (ari-man=eagle-man) form.