The Polkadot Technical Fellowship is an integral part of the Polkadot ecosystem, ensuring the ongoing advancement and upkeep of the network. However, there's a present need for a more predictable and stable financial model to support uninterrupted Fellowship salary distribution. This proposal outlines a strategy to accumulate 1.57M USDT for the Fellowship's salary needs using a community-based bounty mechanism. While intended as a temporary solution, this initiative sets the stage for the launch of Asset Conversion on the Asset Hub.

Please make sure to review [the full proposal](https://docs.google.com/document/d/1sYkKQWd6nHJcr026zRO_UUhJ-ktwpuJgOg117AMDj9I/edit?usp=sharing) that details the problems faced, the proposed solutions, and the practical steps to achieve our funding objectives.

0x50617261646f782773205363686564756c6572205465737420426f756e7479

- **Problem Statement:** Need for a stable financial model for Polkadot Technical Fellowship salary distribution.
- **Significance:** Ensuring uninterrupted advancement and upkeep of the Polkadot network.
- **Proposed Solution:** Accumulate 1.57M USDT through a community-based bounty mechanism.
- **Expected Outcomes:** Temporary financial stability for Fellowship salaries, paving the way for Asset Conversion on the Asset Hub.

Requested: 0.25 undefined

#26 Bounty Proposal: Polkadot Treasury USDT Acquisition