PancakeSwap Partners with Google Cloud for High Availability and Faster Operations
PancakeSwap, a popular defi trading platform, has announced its partnership with Google Cloud to achieve high availability and faster operations. This news has been received positively by the crypto community, and as a result, PancakeSwap’s token, CAKE, has seen a 3.8% price increase in the last 24 hours.
Here are the key points of the partnership:
– PancakeSwap is utilizing Google Kubernetes Engine to scale its nodes and ensure continuous availability.
– The platform is leveraging Operations Suite, specifically Cloud Logging and Cloud Monitoring, to ensure platform stability and achieve an uptime of 99.99% on the BNB chain.
– Dysnix PreditKube solution is being implemented to predict over 90% of traffic spikes on PancakeSwap, enabling automated up-and-down scaling of blockchain nodes in advance.
– The implementation of PreditKube has 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 has reported a notable improvement in average node request time, now at a rapid 100ms.
In conclusion, PancakeSwap’s partnership with Google Cloud demonstrates its commitment to providing a reliable and efficient trading platform for users worldwide. The integration of Google Cloud solutions has not only improved platform stability but also resulted in cost savings and faster response times. With these advancements, PancakeSwap’s token, CAKE, is expected to continue its upward trajectory in the market.
Hot Take
The partnership between PancakeSwap and Google Cloud is a significant development for the defi trading platform. By leveraging Google’s cutting-edge technology and scalable resources, PancakeSwap aims to empower users worldwide to trade securely and conveniently. The adoption of Google Cloud solutions has already shown positive results, with a noticeable improvement in platform stability and overall performance. This collaboration has the potential to transform the way users engage with decentralized finance and further enhance the growth and adoption of cryptocurrencies.
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