[Ethena Foundation Ends Investor Unlock, Plans to Use 95% of Net Revenue to Buy Back ENA] According to Crowdfund Insider, the Ethena Foundation has repurchased a portion of seed round investors' ENA through over-the-counter transactions and reached an agreement with major investors to terminate the vesting schedule early. Starting October 5, no investor tokens will remain locked. Ethena Labs and the Foundation plan to attribute intellectual property and economic benefits to the Foundation and the token governance ecosystem. The Foundation has initiated a governance proposal, planning to allocate 95% of net revenue from three core businesses—USDe savings, white-label stablecoins, and Ethena X—for programmatic buybacks of ENA, while the remaining 5% will be used for business growth.