The avenger was created by the Doktor and the Wanderer as a safety precaution against the ragnarok. After they were trapped the doktor hid the Avenger in what is known as the Mayan ruins.
ReturnThe Avenger awoke and left in search of his purpose. When the Doktor told him everything he was deicated to fighting the ragnarok. In a fateful encounter with them he entered his powerful true form.
When the ragnarok were destroyed, like many gods, disapeared and his new location is not known.