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I think the DummyTransferModule implementation in the ibc-rs ICS20 PR gives us some confidence on the usability of the API as that is modelled in a way that is very similar to basecoin's implementation.
We need support for module accounts and the ability to mint and burn tokens.
Can we make progress here before ICS20 is delivered on ibc-rs side?
We could start by updating basecoin's dependencies to match those of ibc-rs and make changes to the bank and accounts facilities. But the API is expected to see major changes with the ICS20 implementation and OCap removal, so I think we it's better to wait.
We're essentially looking for answers to these questions ->
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