Professor Edward Kim, program director of Terra Grants Foundation (TGF), has submitted the first initiative with Proposal 10946. The proposal aims to set aside 750 million LUNC tokens for developers, projects, validators, and community members for contributing to the Terra Classic revival from May-October.
Terra Classic Core Developer Submits Signaling Proposal
Edward Kim is the key member of the core team that revived the Terra Classic blockchain after the Terra-LUNA crisis in May. He is behind initiatives including LUNC 0.2% Tax Burn, Terra Classic Revival Roadmap, Terra Rebels, and the Terra Grants Program.
The community-backed Terra Grants Foundation has submitted “Proposal 10946: Signaling Proposal for the Terra Classic Recovery Acknowledgement Opportunity” for voting. It is a signaling proposal to set aside 750 million LUNC tokens from the community pool to reward organizations and individuals for their contribution to the blockchain from May to October 27.
“Excited to unve
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