Muscadine USDC PrimeBase · Morpho

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

NotableExecutes in 6d 19hIncrease relative cap

Basescan

Status

Executes in 6d 19h

Queued → executable

Oct 14, 20:42 → Oct 21, 20:42 UTC

Can be vetoed by

4 addresses

At stake

$131K TVL · $131K max allocatable

Curator or 3 sentinels (0x0d5a…0261, 0x64e8…a0a9, 0xf35b…b333) can call revoke(data) before 2026-10-21 20:42 UTC. Up to $131K (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $118K; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Muscadine USDC PrimeIncrease relative capBefore0%After100%0x8971…b496

Muscadine USDC Prime: relative cap on all markets with cbETH collateral increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0xc7ad…1174Show calldata ›

Queue tx: 0xc7ad108340c36cfa3dee532e4ddc19eab2ca4e8ed43ff8a43d718a7e74a51174
Contract: 0x89712980cb434ef5ae4ab29349419eb976b0b496

{
  "call": {
    "args": {
      "idData": "0x00000000000000000000000000000000000000000000000000000000000000400000000000000000000000002ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "0x2438525b00000000000000000000000000000000000000000000000000000000000000400000000000000000000000000000000000000000000000000de0b6b3a7640000000000000000000000000000000000000000000000000000000000000000008000000000000000000000000000000000000000000000000000000000000000400000000000000000000000002ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22000000000000000000000000000000000000000000000000000000000000000f636f6c6c61746572616c546f6b656e0000000000000000000000000000000000",
  "asset": {
    "symbol": "USDC",
    "decimals": 6,
    "priceUsd": 0.9996895128603555
  },
  "capId": "0x8d61e6832d5748f173f07f0c4d1c6e62f9ae583c911ab94a1db4b186c54de035",
  "idData": {
    "tag": "collateralToken",
    "kind": "collateral",
    "token": "0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22"
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0xa771faa736717e87b524c37aca7095aa23de0406b7771c6ed7711a74d6e4a413",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Muscadine USDC Prime ›

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