Edward Kim, the Terra Grants Foundation team lead and a top developer of the Terra Classic project has made a move toward the reimbursement of the millions of LUNC tokens in lost fees.

Per an update, Kim rolled out a Terra Classic community spend proposal on Sunday seeking to refund a total of 295 million LUNC to several users who were inaccurately taxed following the implementation of the 1.2% LUNC tax burn. 

As part of the programs to reduce the hyperinflated supply of LUNC, the 1.2% LUNC tax burn was activated on the Terra Classic network on September 12. Notably, at the initial stage of this initiative, some user transactions did not go through due to the problem of ‘gas computation straddling’ but taxes were levied nonetheless.