KPK USDC YieldEthereum · Morpho

Relative cap on all markets with PT-USD3-17DEC2026 collateral increases from 0% to 100% of vault assets

CriticalStale · executable 8d 19hIncrease relative cap

Etherscan

Status

Stale · executable 8d 19h

Queued → executable

Oct 2, 19:25 → Oct 5, 19:25 UTC

Can be vetoed by

2 addresses

At stake

$9.42M TVL · $9.42M max allocatable

Timelock has passed: anyone can execute this now. Curator or 1 sentinel (0x8b88…a537) can call revoke(data) until it is executed. Up to $9.42M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $759K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

KPK USDC YieldIncrease relative capBefore0%After100%0xd5cc…aa13

KPK USDC Yield: relative cap on all markets with PT-USD3-17DEC2026 collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xb966…2c54Show calldata ›

Queue tx: 0xb966d2f57a24e0b7abd7e3b63405fa5f0bc965f7cab8444519385955fd402c54
Contract: 0xd5cce260e7a755ddf0fb9cdf06443d593aaeaa13

{
  "call": {
    "args": {
      "idData": "0x00000000000000000000000000000000000000000000000000000000000000400000000000000000000000007f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a7640000000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000400000000000000000000000007f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "capId": "0x2563a4f8438da0ff340852f91b5467917919beb0515301f21a5c43045c164bf5",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x42d8c853f551eb3192e22f99ebb42a6f83753fef80ab1553f1f475f69bd5fc75",
  "selector": "0x2438525b"
}

All changes on KPK USDC Yield ›

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