ELI5?
Terra now supports IBC, which enables 1. $UST, $LUNA and other terra assets to be used on cosmos ecosystem dapps and 2. cosmos assets to be used into terra ecosystem dapps. For example, you could take $UST and $LUNA to osmosis zone, gravity dex which are leading DEXes on cosmos. On opposite side , that also enables assets from cosmos to be used into terra ecosystem dapps as a collateral.
Do we need to update our terra station wallet?
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