Clearstar USDC CoreEthereum · Morpho

Relative cap on all markets with OETH collateral increases from 25% to 100% of vault assets

CriticalExecutes in 18hIncrease relative cap

Etherscan

Status

Executes in 18h

Queued → executable

Oct 12, 08:11 → Oct 15, 08:11 UTC

Can be vetoed by

2 addresses

At stake

$1.99M TVL · $1.99M max allocatable

Curator or 1 sentinel (0x491d…1516) can call revoke(data) before 2026-10-15 08:11 UTC. Up to $1.99M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $679K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Clearstar USDC CoreIncrease relative capBefore25%After100%0x69a2…c284

Clearstar USDC Core: relative cap on all markets with OETH collateral increases from 25% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x4616…9f8fShow calldata ›

Queue tx: 0x461636ccd1a43414e7287cddf99f386e5669ec7eced50e2fb45a2ff123b69f8f
Contract: 0x69a238ae7ebeb3c53ff3b544e48b96a2142fc284

{
  "call": {
    "args": {
      "idData": "0x0000000000000000000000000000000000000000000000000000000000000040000000000000000000000000856c4efb76c1d1ae02e20ceb03a2a6a08b0b8dc3000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a764000000000000000000000000000000000000000000000000000000000000000000800000000000000000000000000000000000000000000000000000000000000040000000000000000000000000856c4efb76c1d1ae02e20ceb03a2a6a08b0b8dc3000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9999699497934297
  },
  "capId": "0xd450f6e4ece2aca3684058f7ecb6308a5db1cdc8e3d64b282ea6aa2ef684c86e",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x856c4efb76c1d1ae02e20ceb03a2a6a08b0b8dc3"
  },
  "current": {
    "allocation": "44236681059",
    "absoluteCap": "1000000000000",
    "relativeCap": "250000000000000000"
  },
  "dataHash": "0x58063b80e738f0e12927dc805f36bb1ca7ef25b38918b3388228efd1768dc87c",
  "selector": "0x2438525b",
  "marketExposureUsd": 44235.35
}

All changes on Clearstar USDC Core ›

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