Muscadine USDC PrimeBase · Morpho

Relative cap on market cbETH/USDC (LLTV 77%) via adapter 0xc2ec…7972 increases from 0% to 100% of vault assets

NotableExecutes in 6d 19hIncrease relative cap

Basescan

Status

Executes in 6d 19h

Queued → executable

Oct 14, 20:42 → Oct 21, 20:42 UTC

Can be vetoed by

4 addresses

At stake

$131K TVL · $131K max allocatable

Curator or 3 sentinels (0x0d5a…0261, 0x64e8…a0a9, 0xf35b…b333) can call revoke(data) before 2026-10-21 20:42 UTC. Up to $131K (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $118K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Muscadine USDC PrimeIncrease relative capBefore0%After100%0x8971…b496

Muscadine USDC Prime: relative cap on market cbETH/USDC (LLTV 77%) via adapter 0xc2ec…7972 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xc7ad…1174Show calldata ›

Queue tx: 0xc7ad108340c36cfa3dee532e4ddc19eab2ca4e8ed43ff8a43d718a7e74a51174
Contract: 0x89712980cb434ef5ae4ab29349419eb976b0b496

{
  "call": {
    "args": {
      "idData": "0x00000000000000000000000000000000000000000000000000000000000000e0000000000000000000000000c2ec18c8049ab354756304fb8f9e45e084097972000000000000000000000000833589fcd6edb6e08f4c7c32d4f71b54bda029130000000000000000000000002ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec2200000000000000000000000097ff9cbd7e77348b2b8ffbb883bf29452ad1829500000000000000000000000046415998764c29ab2a25cbea6254146d50d226870000000000000000000000000000000000000000000000000aaf96eb9d0d00000000000000000000000000000000000000000000000000000000000000000011746869732f6d61726b6574506172616d73000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9996895128603555
  },
  "capId": "0x0943ff2d5a6a39ab5ebb6518dd725968d2bdb525de1facc003c659596c0fa1d0",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0xc2ec18c8049ab354756304fb8f9e45e084097972",
    "marketParams": {
      "irm": "0x46415998764c29ab2a25cbea6254146d50d22687",
      "lltv": "770000000000000000",
      "oracle": "0x97ff9cbd7e77348b2b8ffbb883bf29452ad18295",
      "loanToken": "0x833589fcd6edb6e08f4c7c32d4f71b54bda02913",
      "collateralToken": "0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22"
    }
  },
  "market": {
    "id": "",
    "irm": "0x46415998764c29ab2a25cbea6254146d50d22687",
    "lltv": "770000000000000000",
    "oracle": "0x97ff9cbd7e77348b2b8ffbb883bf29452ad18295",
    "loanToken": "0x833589fcd6edb6e08f4c7c32d4f71b54bda02913",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22",
    "collateralSymbol": "cbETH",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x5b8cc12117d5018c83bbf684b0e32ebbd78b804b5ccbfb9269b57e313d9c83ae",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Muscadine USDC Prime ›

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