Bancor V3

Bancor is an on-chain liquidity protocol that enables automated, decentralized exchange on Ethereum and across blockchains.

## Overview Bancor V3 is an on-chain liquidity protocol built on Ethereum that automates decentralized exchange through a network of liquidity pools. Rather than relying on traditional order books or concentrated liquidity positions that require active management, Bancor uses an algorithmic market maker (AMM) model to enable peer-to-peer token swaps without intermediaries. The protocol eliminates the need for counterparties to be present simultaneously, instead pooling capital and using price curves to determine exchange rates based on supply and demand. The protocol was designed to solve core