# USDO Collateral Assessment: RWG Recommendation

**URL:** <https://forum.inverse.finance/t/usdo-collateral-assessment-rwg-recommendation/614>\
**Category:** FiRM\
**Tags:** rwg\
**Created:** [October 24, 2025, 5:14pm UTC](https://forum.inverse.finance/t/usdo-collateral-assessment-rwg-recommendation/614 "2025-10-24T17:14:20Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![edo](https://sea1.discourse-cdn.com/inverse/user_avatar/forum.inverse.finance/edo/32/157_2.png) [@edo](https://forum.inverse.finance/u/edo)\
**Post date:** [October 24, 2025, 5:14pm UTC](https://forum.inverse.finance/t/usdo-collateral-assessment-rwg-recommendation/614/1 "2025-10-24T17:14:20Z")

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Earlier this month, the RWG completed a comprehensive assessment of Open Eden’s USDO for potential FiRM integration. After extensive analysis spanning protocol architecture, governance structure, operational mechanics, and competitive positioning, we recommend against listing USDO-based collateral in its current state due to fundamental conflicts between the protocol’s centralized administrative structure and FiRM’s commitment to permissionless, censorship-resistant lending markets.

Each risk vector is detailed extensively in the full assessment with supporting analysis and specific security concerns.

Complete Risk Assessment linked [here](https://docs.google.com/document/d/1vUeqg60L8YGQ-B3Mcsh6aLInVK735M33_z4lEyPoXZs/edit?usp=sharing).