• In the words of a writer for Trader Magazine:

    The biggest problem faced by liquidity suppliers to pools like Uniswap is the risk of major relative price movements between the paired assets. It is therefore ideal to supply liquidity in terms of a stable asset, instead of a volatile one like ETH. This problem is exacerbated by Bancor’s dependence on its native token, BNT, which is even less stable than ETH. Moreover, transactions on Bancor are structured in such a way that they can incur high gas fees, and they are not presently planning to utilize layer 2 scaling technologies to alleviate those pains.

  • This is out of date and doesn't cover the changes they have made between v2.1 and v3

    Bancor is far from perfect but the team have shown themselves to be innovative, transparent and have a longterm vision rather than get quick rich scheme, I guess with most projects, you are as much banking on the team as the current protocol

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