A bantaca was a type of obelisk around which Bajoran cities were built. The bantaca would mark the city's location in the cosmos and display markings to note the cities coordinates.
Korto City's bantaca spire was located in the City Oval area. During the Gratitude Festival, the person overseeing the celebrations had a podium at the Bantaca spire. In 2328, a Cardassian female, a member of the Oralian Way, preached at the Bantaca. (TLE - Terok Nor novel: Day of the Vipers)
The rediscovered site at B'hala soon became an archaeological dig and location of pilgrimage. When Jake Sisko worked on the archaeology dig, he generally avoided the bantaca in the day to avoid the attention from those praying and meditating beneath the spire who held him in reverence for being the son of the Emissary. (DS9 - Avatar novel: Book One)