3F x Steakhouse USDCEthereum · Morpho

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

Raw transaction

increaseRelativeCap · tx 0xb67f…1261Show calldata ›

Queue tx: 0xb67f31153e6d8dd687639a889568887a3e43fa53c97f6b2bdcc50811bf7a1261
Contract: 0xbeef3f3a04e28895f3d5163d910474901981183d

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000b8d692e46d624b3c650282ed3011bf6d7b1db5e8000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a764000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000b8d692e46d624b3c650282ed3011bf6d7b1db5e8000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9999182839583597
  },
  "capId": "0x44468e618719c004c08d420455252cd420d5d4da0b37eb731cef2e758fc4ea14",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0xb8d692e46d624b3c650282ed3011bf6d7b1db5e8"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x2db02dc65f47839feb6fede119d70fceea32d544a34d2f40015465a57f0997bd",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on 3F x Steakhouse USDC ›

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