Steakhouse High Yield USDTEthereum · Morpho

Relative cap on all markets with PT-reUSD-10DEC2026 collateral 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 all markets with PT-reUSD-10DEC2026 collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xcf2e…cc6eShow calldata ›

Queue tx: 0xcf2e6700bb18590bd947507403149b886cd18944894792c998ae882c123ecc6e
Contract: 0xbeeff07d991c04cd640de9f15c08ba59c4fedeb7

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000ecfafdc7741323a945a163ed068b5a3c43483957000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a764000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000ecfafdc7741323a945a163ed068b5a3c43483957000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDT",
    "decimals": 6,
    "priceUsd": 0.9993498777207107
  },
  "capId": "0xafc7a6b2b24ff4564813fd99ab0f02642b1cf9252007eebfe9f28b1d694be9d6",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xecfafdc7741323a945a163ed068b5a3c43483957"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xfb4ffbf9e5c28e3cd8da3d94ce490d27aeab1d826fe4798cb1dd25d60eb37ea8",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Steakhouse High Yield USDT ›

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