Muscadine USDC PrimeBase · Morpho

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

NotableExecutes in 6d 19hIncrease relative cap

Basescan

Status

Executes in 6d 19h

Queued → executable

Oct 14, 20:43 → Oct 21, 20:43 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 20:43 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 all markets with wstETH collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x5eca…a891Show calldata ›

Queue tx: 0x5eca7207cee86551c99abc68566c8c30bf047cc99f1d23c33fe2cc7d6bf9a891
Contract: 0x89712980cb434ef5ae4ab29349419eb976b0b496

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000c1cba3fcea344f92d9239c08c0568f6f2f0ee452000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a764000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000c1cba3fcea344f92d9239c08c0568f6f2f0ee452000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9996895128603555
  },
  "capId": "0xcac5a484c8a65a5cd93c2d8cedb5d64464bed9653d98ff28a271079ae027d56e",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xc1cba3fcea344f92d9239c08c0568f6f2f0ee452"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xa0c34554909869ff747b3897f71e1a3ed0afc331b5ad33305310aa21c9e11e72",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Muscadine USDC Prime ›

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