A distributed storage system comprising interconnected computer nodes; each one of the computer nodes comprising at least one processing resource configured to execute a Unified Distributed Storage Platform (UDSP) agent; at least one of the computer nodes comprising one or more resources including at least one cache resource configured to cache objects and having corresponding cache-related parameters; at least one UDSP agent of a respective computer node having the at least one cache resource is configured to: monitor cache-related parameters of the at least one cache resource connected to the respective computer node, for determining whether the cache-related parameters meet at least one first SLS criteria; and in the case the at least one first SLS criteria is not met, initiate handoff of at least part of one or more cache object spaces of the at least one cache resource to at least one other computer node, which after receiving the at least part of one or more cache object spaces, its cache-related parameters meet at least one second SLS criteria.