other material
confidence high
sentiment positive
materiality 0.70
StablecoinX secures permanent ENA token lock-up waiver effective Oct 5, 2026
StableCoinX Inc.
- Ethena parties permanently waive all lock-ups, vesting, and unlocking on ENA held by StablecoinX, including 48-month PIPE contractual lock-up.
- Waiver effective October 5, 2026, aligning with lock-up release date already announced for other ENA token holders.
- New framework allows StablecoinX to sell ENA for working capital/strategic needs with 5-business-day notice; Foundation has right of first refusal.
- Foundation's prior written consent still required for non-funding sales; waiver does not affect legal, regulatory, or staking obligations.