Steakhouse High Yield USDC EditionBase · Morpho

Absolute cap on all markets with mGLO collateral increases from 100M USDC to 100M USDC (currently allocated 37.5M USDC)

NotableExecutes in 2d 19hIncrease absolute cap

Basescan

Status

Executes in 2d 19h

Queued → executable

Oct 23, 16:32 → Oct 26, 16:32 UTC

Can be vetoed by

3 addresses

At stake

$468M TVL · $100M max allocatable

Curator or 2 sentinels (0x639b…c5d6, 0x9e0f…eaf5) can call revoke(data) before 2026-10-26 16:32 UTC. Up to $100M could then be allocated there. Depositors can withdraw before it executes (instant liquidity $36.9M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Steakhouse High Yield USDC EditionIncrease absolute capBefore100M USDC ($100M)After100M USDC ($100M)0xbeef…8845

Steakhouse High Yield USDC Edition: absolute cap on all markets with mGLO collateral increases from 100M USDC to 100M USDC (currently allocated 37.5M USDC)

Raw transaction

increaseAbsoluteCap · tx 0xb5c7…c915Show calldata ›

Queue tx: 0xb5c753683631bbb7b011a12d6a93a9ee098f6f3a6325fab1cba846b99fbec915
Contract: 0xbeeff2490feffa212fac2f6553682c219e6a8845

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000fcc9cc1209651ed8867332d6f664cf82743a2584000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newAbsoluteCap": "100000000000000"
    },
    "selector": "0xf6f98fd5",
    "signature": "increaseAbsoluteCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseAbsoluteCap"
  },
  "data": "0xf6f98fd5000000000000000000000000000000000000000000000000000000000000004000000000000000000000000000000000000000000000000000005af3107a400000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000fcc9cc1209651ed8867332d6f664cf82743a2584000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9995933529048807
  },
  "capId": "0x149da4cdd5b28c49e96d3ec77eb259757842f11e519f47adabdde13e36b21d14",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xfcc9cc1209651ed8867332d6f664cf82743a2584"
  },
  "current": {
    "allocation": "37534923627285",
    "absoluteCap": "100000000000000",
    "relativeCap": "1000000000000000000"
  },
  "dataHash": "0x149f15f1994f4d9c95022863a2bd1d62fecdaab8a56fe689450650db2511976f",
  "selector": "0xf6f98fd5",
  "marketExposureUsd": 37519660.16
}

All changes on Steakhouse High Yield USDC Edition ›

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