Flowdesk Confidential High Yield USDTEthereum · Morpho

Relative cap on market PT-USD3-17DEC2026/USDT (LLTV 91.5%) via adapter 0x3131…3c3c increases from 0% to 100% of vault assets

CriticalExecutes in 2d 19hIncrease relative cap

Etherscan

Status

Executes in 2d 19h

Queued → executable

Oct 17, 13:47 → Oct 20, 13:47 UTC

Can be vetoed by

4 addresses

At stake

$33.2M TVL · $33.2M max allocatable

Curator or 3 sentinels (0x0000…0d2a, 0x69d4…b534, 0xd6dd…af5f) can call revoke(data) before 2026-10-20 13:47 UTC. Up to $33.2M (at current TVL) could then be allocated there. Depositors can withdraw before it executes (instant liquidity $4.21M; forceDeallocate allows in-kind exit beyond that, for a penalty).

What changed

VaultBeforeAfterAddress

Flowdesk Confidential High Yield USDTIncrease relative capBefore0%After100%0xb48c…bd7e

Flowdesk Confidential High Yield USDT: relative cap on market PT-USD3-17DEC2026/USDT (LLTV 91.5%) via adapter 0x3131…3c3c increases from 0% to 100% of vault assets

Raw transaction

increaseRelativeCap · tx 0x7816…490eShow calldata ›

Queue tx: 0x7816205fd8102114788658058f7412285718cc2dd1de3fe86a70b626c00c490e
Contract: 0xb48c056c5608ba2ee4cd94af2bf4b1f25295bd7e

{
  "call": {
    "args": {
      "idData": "0x00000000000000000000000000000000000000000000000000000000000000e000000000000000000000000031313494de579734fde0b9b6ce7006a92b093c3c000000000000000000000000dac17f958d2ee523a2206206994597c13d831ec70000000000000000000000007f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d000000000000000000000000cb21e8fa3eac83de7f7acc194705e746f189c180000000000000000000000000870ac11d48b15db9a138cf899d20f13f79ba00bc0000000000000000000000000000000000000000000000000cb2bba6f17b80000000000000000000000000000000000000000000000000000000000000000011746869732f6d61726b6574506172616d73000000000000000000000000000000",
      "newRelativeCap": "1000000000000000000"
    },
    "selector": "0x2438525b",
    "signature": "increaseRelativeCap(bytes,uint256)",
    "decodedWith": "abi",
    "functionName": "increaseRelativeCap"
  },
  "data": "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",
  "asset": {
    "symbol": "USDT",
    "decimals": 6,
    "priceUsd": 0.9988707571809741
  },
  "capId": "0x12209872bf5fcf6cf42c3a4b2dcfa75990cbde54cc42e1a6dbaed687cb2cbc47",
  "idData": {
    "tag": "this/marketParams",
    "kind": "market",
    "adapter": "0x31313494de579734fde0b9b6ce7006a92b093c3c",
    "marketParams": {
      "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
      "lltv": "915000000000000000",
      "oracle": "0xcb21e8fa3eac83de7f7acc194705e746f189c180",
      "loanToken": "0xdac17f958d2ee523a2206206994597c13d831ec7",
      "collateralToken": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d"
    }
  },
  "market": {
    "id": "",
    "irm": "0x870ac11d48b15db9a138cf899d20f13f79ba00bc",
    "lltv": "915000000000000000",
    "oracle": "0xcb21e8fa3eac83de7f7acc194705e746f189c180",
    "loanToken": "0xdac17f958d2ee523a2206206994597c13d831ec7",
    "loanSymbol": "USDT",
    "loanDecimals": 6,
    "collateralToken": "0x7f47c3e6b2c00fc4eb4d5ae50d0ab0ab6888eb4d",
    "collateralSymbol": "PT-USD3-17DEC2026",
    "totalBorrowAssets": null,
    "totalSupplyAssets": null,
    "totalSupplyShares": null
  },
  "current": {
    "allocation": "0",
    "absoluteCap": "0",
    "relativeCap": "0"
  },
  "dataHash": "0x992af1f8f33aa8596002ef25e8b97b51cf7ecdc478f9f5e4c11cd0963b6a12ad",
  "selector": "0x2438525b",
  "marketExposureUsd": 0
}

All changes on Flowdesk Confidential High Yield USDT ›

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