Clearstar USDC CoreEthereum · Morpho

Relative cap on all markets with siUSD collateral increases from 0% to 100% of vault assets

CriticalReady to executeIncrease relative cap

Etherscan

Status

Ready to execute

Queued → executable

Oct 6, 16:46 → Oct 9, 16:46 UTC

Can be vetoed by

2 addresses

At stake

$1.98M TVL · $1.98M max allocatable

Timelock has passed: anyone can execute this now. Curator or 1 sentinel (0x491d…1516) can call revoke(data) until it is executed. Up to $1.98M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $677K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Clearstar USDC CoreIncrease relative capBefore0%After100%0x69a2…c284

Clearstar USDC Core: relative cap on all markets with siUSD collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xef2c…40c3Show calldata ›

Queue tx: 0xef2cad1b4e6623e5f906dd521d4b35241b46e5a2c59c8736293967c57b9040c3
Contract: 0x69a238ae7ebeb3c53ff3b544e48b96a2142fc284

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000dbdc1ef57537e34680b898e1febd3d68c7389bcb000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a764000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000dbdc1ef57537e34680b898e1febd3d68c7389bcb000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "capId": "0x220bbd38a116e8b2b53ab2dfa1b3f013c162c96eb70ed202acaec8439d7696df",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xdbdc1ef57537e34680b898e1febd3d68c7389bcb"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x99b063163487d496450c16a77d6ad163e4faf57e65735c7b04cf817d595b4946",
  "selector": "0x2438525b"
}

All changes on Clearstar USDC Core ›

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