Steakhouse High Yield USDTEthereum · Morpho

Relative cap on market PT-reUSD-10DEC2026/USDT (LLTV 91.5%) via adapter 0x5b76…6d6d increases from 0% to 100% of vault assets

CriticalExecutes in 2d 2hIncrease relative cap

Etherscan

Status

Executes in 2d 2h

Queued → executable

Oct 13, 16:50 → Oct 16, 16:50 UTC

Can be vetoed by

2 addresses

At stake

$1.77M TVL · $1.77M max allocatable

Curator or 1 sentinel (0xbec7…dfb6) can call revoke(data) before 2026-10-16 16:50 UTC. Up to $1.77M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $888K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Steakhouse High Yield USDTIncrease relative capBefore0%After100%0xbeef…deb7

Steakhouse High Yield USDT: relative cap on market PT-reUSD-10DEC2026/USDT (LLTV 91.5%) via adapter 0x5b76…6d6d increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xcf2e…cc6eShow calldata ›

Queue tx: 0xcf2e6700bb18590bd947507403149b886cd18944894792c998ae882c123ecc6e
Contract: 0xbeeff07d991c04cd640de9f15c08ba59c4fedeb7

{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a7640000000000000000000000000000000000000000000000000000000000000000012000000000000000000000000000000000000000000000000000000000000000e00000000000000000000000005b766596ea422e5d6a9d220fbf919a9576f26d6d000000000000000000000000dac17f958d2ee523a2206206994597c13d831ec7000000000000000000000000ecfafdc7741323a945a163ed068b5a3c43483957000000000000000000000000217d6ddcdb95112c51657f6270e8c079cfdb51f0000000000000000000000000870ac11d48b15db9a138cf899d20f13f79ba00bc0000000000000000000000000000000000000000000000000cb2bba6f17b80000000000000000000000000000000000000000000000000000000000000000011746869732f6d61726b6574506172616d73000000000000000000000000000000",
  "asset": {
    "symbol": "USDT",
    "decimals": 6,
    "priceUsd": 0.9993498777207107
  },
  "capId": "0x8b7bfda5e8e2335d9d6b6b6eb89628267fa7659a2e5c3c59060151ced679b247",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x5b766596ea422e5d6a9d220fbf919a9576f26d6d",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0x217d6ddcdb95112c51657f6270e8c079cfdb51f0",
      "loanToken": "0xdac17f958d2ee523a2206206994597c13d831ec7",
      "collateralToken": "0xecfafdc7741323a945a163ed068b5a3c43483957"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0x217d6ddcdb95112c51657f6270e8c079cfdb51f0",
    "loanToken": "0xdac17f958d2ee523a2206206994597c13d831ec7",
    "loanSymbol": "USDT",
    "loanDecimals": 6,
    "collateralToken": "0xecfafdc7741323a945a163ed068b5a3c43483957",
    "collateralSymbol": "PT-reUSD-10DEC2026",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x58f95ead0a686abb9810195672710e54d11016079e122b202d43a4082d5b9e52",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Steakhouse High Yield USDT ›

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