PancakeSwap (CAKE) partners with Google Cloud to achieve high availability and faster operations.
Since then, CAKE has hit the fourth spot on top gainers today with a 3.8% price increase in the last 24 hours.
Prioritizing continuous availability
PancakeSwap, a defi trading platform, announced the start of the use of Google Kubernetes Engine to scale its nodes. The announcement was met with a seemingly positive response from the crypto community.
The platform shares that by leveraging Operations Suite, specifically Cloud Logging and Cloud Monitoring, it can ensure platform stability, allegedly achieving an uptime of 99.99% on the BNB chain.
In addition to Google Kubernetes Engine, the Dysnix PreditKube solution is expected to play a crucial role and predict over 90% of traffic spikes on PancakeSwap. This enables automated up-and-down scaling of blockchain nodes in advance, effectively managing anticipated traffic surges. The implementation of PreditKube resulted in significant cost savings of over 30% and a reduction in peak response time by 62.5 times.
Since adopting Google Cloud solutions, PancakeSwap reported notable improvement in average node request time, now at a rapid 100ms.
In response to this announcement, which was made early in the day, CAKE, PancakeSwap’s token has seen a 3.8% price increase in the last 24 hours, where it now sits at $1.51.