fully updated to drupal 10

config/sync/field.field.block_content.simple_text.field_content.yml

@@ -5,17 +5,14 @@ dependencies:
   config:
     - block_content.type.simple_text
     - field.storage.block_content.field_content
+    - filter.format.wysiwyg
   module:
-    - allowed_formats
     - text
     - unique_content_field_validation
 third_party_settings:
   unique_content_field_validation:
     unique: false
     unique_text: ''
-  allowed_formats:
-    allowed_formats:
-      - wysiwyg
 id: block_content.simple_text.field_content
 field_name: field_content
 entity_type: block_content
@@ -26,5 +23,7 @@ required: false
 translatable: true
 default_value: {  }
 default_value_callback: ''
-settings: {  }
+settings:
+  allowed_formats:
+    - wysiwyg
 field_type: text_long