# Higher JAAA Borrowing Limits Take Effect on Aave Horizon

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/53287
Published: 2026-11-10T19:23:19.000Z
Updated: 2026-11-10T19:23:19.000Z
Section: Investing

> The reserve-tier loan-to-value limit rose to 87% from 81%, while the liquidation threshold moved to 89% from 86%.

Aave Labs said it had put higher reserve-tier borrowing limits for Janus Henderson Anemoy AAA CLO Fund shares (JAAA) on Aave Horizon into effect, expanding how much borrowers can take against the tokenized collateral.

The reserve-tier loan-to-value (LTV) limit rose to 87% from 81%, and the liquidation threshold rose to 89% from 86%. The liquidation bonus remained 5%. A separate GHO E-Mode LTV limit stayed at 88%.

The changes advance an [October proposal to change JAAA’s collateral limits](<https://www.tokenpost.com/news/investing/35137>). LTV caps borrowing against collateral. The liquidation threshold marks when collateral becomes eligible for liquidation.

JAAA supply totaled $51.9 million across 11 addresses on Oct. 15. Seven reserve-tier positions carried $45 million in debt: $34.5 million in Ripple USD (RLUSD) and $10.5 million in GHO.

JAAA is issued through Centrifuge and backed by AAA-rated collateralized loan obligation tranches. Aave Horizon is a separate, licensed market initially forked from Aave V3.3. Users need approval from a real-world asset issuer to supply tokenized collateral there; stablecoin suppliers can participate without that approval.



## Links in this article

- [October proposal to change JAAA’s collateral limits](https://www.tokenpost.com/news/investing/35137)
