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 1.5M 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 that details the problems faced, the proposed solutions, and the practical steps to achieve our funding objectives.

Also note that, in parallel, we are working on call composition to place DCA orders to swap DOT for USDT using the HydraDX Omnipool to establish a daily conversion. This dual-faceted strategy permits us to act expediently and not be exclusively reliant on a singular solution.