Decentralized trading platform PancakeSwap has partnered with Google Cloud to ensure the availability and reliability of its infrastructure, using Google Kubernetes Engine and Dysnix's PreditKube solution to predict and manage traffic spikes. The platform is also working with audit firms and leveraging Cloud Armor to secure its smart contracts, with plans to expand services by adding more chains and exploring non-fungible tokens. The partnership has seen PancakeSwap's native token, CAKE, rise in value by 3.9% within the last 24 hours, with the platform's engineers now able to focus on developing new features and improving user experience. However, PancakeSwap's market cap and revenue have both seen declines in the past 24 hours, according to Token Terminal data.
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