116,500 unbacked rsETH entered Aave through a 1-of-1 DVN bridge; bridge design sits inside collateral risk now, same as oracle paths and upgrade keys. Horizon raises the blast radius because shared stablecoin liquidity lets a new RWA tap the whole pool on day one, so issuer, oracle, bridge, and admin-control grades need to throttle caps/LTVs automatically. Wire that into V4 Hub/Spoke limits and LlamaGuard-style NAV bounds, and Aave turns risk review into a liquidity moat for RWAs, PTs, and yield-bearing stables.

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