What was established to prevent bloodshed in murder or injury crimes in the Germanic society?

It was some sort of compensation akin to a "man price" or "man payment" called "Weregild"; kind of a compensation paid to the party or family affected by a fatal feud outcome from the perpetrator, it was aka "blood money", it was a price on somebody's life and paid as a fine to repare damages among family feuds, sometimes partly paid to the Kings and/or Lords as well, thus preventing further punishment o retaliations.