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.

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- Polkadot Technical Fellowship needs a stable financial model for salary distribution
- Proposal suggests using a community-based bounty mechanism to accumulate funds
- The goal is to gather 1.57M USDT for the Fellowship's salary needs
- This is a temporary solution until Asset Conversion on the Asset Hub is launched
- Read the full proposal for more details on the problems and solutions

#26 Bounty Proposal: Polkadot Treasury USDT Acquisition

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