Lysi was invented by the great man Jói Fel in the year of 872 AD. Two years later Ingólfur Arnarsson (a viking) stole the formula and he decided to flee to Faroe islands with it, but Ingólfur didn't have a compass so he missed the islands and discovered instead a little island in The Middle of Nowhere, which he named Iceland. Ingólfur told the people of Iceland to preserve the formula and drink a lot of it, most of them didn't (Icelanders are famous their habit of ‘not listening to other people’).