🚨 ENA’s Investor Unlock Calendar Just Changed—Here’s the Exact Detail

Ethena says the recurring monthly unlock schedule for original investors ended on October 5—but that does not mean all ENA vesting is over.

LIVE / CONFIRMED: In its August 27 ecosystem update, the Ethena Foundation said remaining original investor allocations were accelerated into a single release on October 5. The Foundation also says team tokens remain locked under their original vesting schedules.

Another change is still governed separately: Ethena proposed directing 95% of qualifying net protocol revenue toward ENA buybacks, with the buyback rate tied to USDe supply milestones. That is not the same as guaranteed or immediate buying.

There’s one important distinction: the October 5 release was an acceleration of investor allocations, not a cancellation. And the Foundation’s own update says its figures are subject to change.

So the verified takeaway is narrower than the hype: monthly original-investor unlocks have ended, while team vesting continues and any buyback effect depends on implementation and protocol revenue.

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Not financial advice. DYOR.