I'm interested in seeing if this actually works but because of ethereum congestion it seems all dapps are not doing great.

It's a bit counterintuitive - upon critical analysis it seems that bancor could never set prices only trail the actual market, but we will see.

Also if you read up on bancor, it's design and purpose does not resemble the bancor protocol, except in algorithmic setting of prices and value rather than having a free market dictate them.