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Emergency

There are Emergency Flows available in the Curator app.

Morpho rewards claim interface

Unsafe Market

This flow provides a soft deprecation method for a Market.

In a single transaction, it performs several actions without abandoning vault shares in the deprecated market:

  1. Revokes any pending cap changes on the market being deprecated
  2. Sets the caps for that market to 0
  3. Reallocates any available liquidity to the vault's Idle Market
  4. Places the market 1st in the Withdrawal queue

Note that this flow can only remove available liquidity. If the vault has remaining allocations it wants to remove, allocators must monitor the market until liquidity becomes available.

Since this flow preserves shares in the deprecated market, it is considered a "soft deprecation."

Market Reverts

This flow provides a forced deprecation method for a Market.

In a single transaction, it performs several actions, including abandoning vault shares in the deprecated market. This results in a decreased share price for the vault and should only be used in emergencies when a vault must completely deprecate a market and accept the loss of any remaining allocated funds.

The actions performed by the flow are:

  1. Revokes any pending cap changes on the market being deprecated
  2. Sets the caps for that market to 0
  3. Calls the submitMarketRemoval function to completely abandon a Market and any remaining vault shares

Note that this flow should only be used in emergencies as it effectively causes the vault to accept the loss of any remaining allocation in the market being deprecated.

Remember to exercise caution when executing these flows as they could significantly impact a vault.