Loki's influence feels less like a god orchestrating conflict and more like someone who can't help but poke the anthill with a stick just to see what happens. He's the ultimate catalyst, the character who exposes the fault lines that are already there between the Aesir, the Vanir, and everyone else. Think about the death of Baldr. That whole tragedy wasn't born from Loki having a grand plan to destroy Asgard; it started with a mischievous sense of fun, a refusal to go along with the collective grief, and that casual cruelty of revealing that one, small, overlooked thing—the mistletoe. The conflict that erupted from that was immense, but it came from the other gods' own pride, their assumptions of invulnerability, and their inability to conceive of someone not playing by the unwritten rules of their society. Loki didn't create the conflict from nothing; he just tugged on the single loose thread that unraveled the whole tapestry.
In a lot of modern retellings, especially in books like 'The Gospel of Loki' or even the Marvel version, this gets framed as rebellion or a thirst for chaos. The older stories feel different to me. There's a pettiness to it, a deeply personal resentment. He engineers the scenario where Thor has to dress as Freya to get his hammer back, which is hilarious, but it also humiliates Thor and twists a sacred marriage rite into a farce. That creates tension, sure, but the lasting conflict is the bruised egos and the lingering mistrust. His influence is insidious because it's so often interpersonal. He makes the other gods doubt each other, see the absurdity in their own rituals, and question their own stability. The real conflict he sows isn't always war; it's the slow, corrosive doubt that maybe their entire divine order is just a house of cards, and he's the gust of wind waiting to prove it.
I guess what I'm trying to say is that Loki's role feels uniquely modern in that sense. He's the deconstructionist before the term existed, and his influence on divine conflict is to constantly remind everyone that their power, their unity, and their destiny are narratives they've built for themselves—and he's got the editorial pen.