3F x Steakhouse USDCEthereum · Morpho

Relative cap on market wmGLO/USDC (LLTV 91.5%) via adapter 0xec91…2492 increases from 0% to 100% of vault assets

CriticalExecutes in 2d 20hIncrease relative cap

Etherscan

Status

Executes in 2d 20h

Queued → executable

Oct 19, 06:48 → Oct 22, 06:48 UTC

Can be vetoed by

2 addresses

At stake

$14.5M TVL · $14.5M max allocatable

Curator or 1 sentinel (0x655c…cadb) can call revoke(data) before 2026-10-22 06:48 UTC. Up to $14.5M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $2.31M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

3F x Steakhouse USDCIncrease relative capBefore0%After100%0xbeef…183d

3F x Steakhouse USDC: relative cap on market wmGLO/USDC (LLTV 91.5%) via adapter 0xec91…2492 increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xb67f…1261Show calldata ›

Queue tx: 0xb67f31153e6d8dd687639a889568887a3e43fa53c97f6b2bdcc50811bf7a1261
Contract: 0xbeef3f3a04e28895f3d5163d910474901981183d

{
  "call": {
    "args": {
      "idData": "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",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9999182839583597
  },
  "capId": "0xa8520fa5a1efdf68fc9224817c7132443ec5f9103e8f0b637ebcecbb889dff65",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0xec9147e0865029a5ddaa25201eeea09a64102492",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0xc00c46f6f6abd02940eb92b7b8f094aa7bd0cfcb",
      "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
      "collateralToken": "0xb8d692e46d624b3c650282ed3011bf6d7b1db5e8"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0xc00c46f6f6abd02940eb92b7b8f094aa7bd0cfcb",
    "loanToken": "0xa0b86991c6218b36c1d19d4a2e9eb0ce3606eb48",
    "loanSymbol": "USDC",
    "loanDecimals": 6,
    "collateralToken": "0xb8d692e46d624b3c650282ed3011bf6d7b1db5e8",
    "collateralSymbol": "wmGLO",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x878d6ac08d74ff88aa4ce3a9c0f13788771d87fae79cf01a5c931995fb4b6a41",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on 3F x Steakhouse USDC ›

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