Steakhouse High Yield USDCBase · Morpho

Absolute cap on all markets with mGLO collateral increases from 10M USDC to 100M USDC (currently allocated 413K USDC)

CriticalExecutes in 2d 19hIncrease absolute cap

Basescan

Status

Executes in 2d 19h

Queued → executable

Oct 23, 16:32 → Oct 26, 16:32 UTC

Can be vetoed by

2 addresses

At stake

$31.4M TVL · $31.4M max allocatable

Curator or 1 sentinel (0x639b…c5d6) can call revoke(data) before 2026-10-26 16:32 UTC. Up to $31.4M could then be allocated there. Depositors can withdraw before it executes (instant liquidity $6.4M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Steakhouse High Yield USDCIncrease absolute capBefore10M USDC ($10M)After100M USDC ($100M)0xbeef…8100

Steakhouse High Yield USDC: absolute cap on all markets with mGLO collateral increases from 10M USDC to 100M USDC (currently allocated 413K USDC)

Raw transaction

increaseAbsoluteCap · tx 0xb5c7…c915Show calldata ›

Queue tx: 0xb5c753683631bbb7b011a12d6a93a9ee098f6f3a6325fab1cba846b99fbec915
Contract: 0xbeeff7ae5e00aae3db302e4b0d8c883810a58100

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000fcc9cc1209651ed8867332d6f664cf82743a2584000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newAbsoluteCap": "100000000000000"
    },
    "selector": "0xf6f98fd5",
    "signature": "increaseAbsoluteCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseAbsoluteCap"
  },
  "data": "0xf6f98fd5000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000005af3107a400000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000fcc9cc1209651ed8867332d6f664cf82743a2584000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9995933529048807
  },
  "capId": "0x149da4cdd5b28c49e96d3ec77eb259757842f11e519f47adabdde13e36b21d14",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xfcc9cc1209651ed8867332d6f664cf82743a2584"
  },
  "current": {
    "allocation": "412874261279",
    "absoluteCap": "10000000000000",
    "relativeCap": "1000000000000000000"
  },
  "dataHash": "0x149f15f1994f4d9c95022863a2bd1d62fecdaab8a56fe689450650db2511976f",
  "selector": "0xf6f98fd5",
  "marketExposureUsd": 412706.37
}

All changes on Steakhouse High Yield USDC ›

Not investment advice. Severity marked AI is model-generated.