diff --git a/cmd/bucket-metadata-sys.go b/cmd/bucket-metadata-sys.go
index e07b0a213..1ea417525 100644
--- a/cmd/bucket-metadata-sys.go
+++ b/cmd/bucket-metadata-sys.go
@@ -21,7 +21,6 @@ import (
 	"context"
 	"errors"
 	"fmt"
-	"runtime"
 	"sync"
 	"time"
 
@@ -489,6 +488,8 @@ func (sys *BucketMetadataSys) concurrentLoad(ctx context.Context, buckets []Buck
 func (sys *BucketMetadataSys) refreshBucketsMetadataLoop(ctx context.Context) {
 	const bucketMetadataRefresh = 15 * time.Minute
 
+	sleeper := newDynamicSleeper(2, 150*time.Millisecond, false)
+
 	t := time.NewTimer(bucketMetadataRefresh)
 	defer t.Stop()
 	for {
@@ -512,13 +513,16 @@ func (sys *BucketMetadataSys) refreshBucketsMetadataLoop(ctx context.Context) {
 			sys.RemoveStaleBuckets(diskBuckets)
 
 			for _, bucket := range buckets {
+				wait := sleeper.Timer(ctx)
+
 				err := sys.loadBucketMetadata(ctx, bucket)
 				if err != nil {
 					logger.LogIf(ctx, err)
+					wait() // wait to proceed to next entry.
 					continue
 				}
-				// Check if there is a spare procs, wait 100ms instead
-				waitForLowIO(runtime.GOMAXPROCS(0), 100*time.Millisecond, currentHTTPIO)
+
+				wait() // wait to proceed to next entry.
 			}
 
 			t.Reset(bucketMetadataRefresh)
diff --git a/cmd/bucket-replication.go b/cmd/bucket-replication.go
index e91d86127..0f06dec86 100644
--- a/cmd/bucket-replication.go
+++ b/cmd/bucket-replication.go
@@ -2669,7 +2669,9 @@ func (p *ReplicationPool) loadResync(ctx context.Context, buckets []BucketInfo,
 	defer cancel()
 
 	for index := range buckets {
-		meta, err := loadBucketResyncMetadata(ctx, buckets[index].Name, objAPI)
+		bucket := buckets[index].Name
+
+		meta, err := loadBucketResyncMetadata(ctx, bucket, objAPI)
 		if err != nil {
 			if !errors.Is(err, errVolumeNotFound) {
 				logger.LogIf(ctx, err)
@@ -2678,18 +2680,10 @@ func (p *ReplicationPool) loadResync(ctx context.Context, buckets []BucketInfo,
 		}
 
 		p.resyncer.Lock()
-		p.resyncer.statusMap[buckets[index].Name] = meta
+		p.resyncer.statusMap[bucket] = meta
 		p.resyncer.Unlock()
-	}
-	for index := range buckets {
-		bucket := buckets[index].Name
-		var tgts map[string]TargetReplicationResyncStatus
-		p.resyncer.RLock()
-		m, ok := p.resyncer.statusMap[bucket]
-		if ok {
-			tgts = m.cloneTgtStats()
-		}
-		p.resyncer.RUnlock()
+
+		tgts := meta.cloneTgtStats()
 		for arn, st := range tgts {
 			switch st.ResyncStatus {
 			case ResyncFailed, ResyncStarted, ResyncPending:
diff --git a/cmd/server-main.go b/cmd/server-main.go
index 09b61a1de..a1149fba0 100644
--- a/cmd/server-main.go
+++ b/cmd/server-main.go
@@ -658,6 +658,7 @@ func serverMain(ctx *cli.Context) {
 	if err != nil {
 		logFatalErrs(err, Endpoint{}, true)
 	}
+	bootstrapTrace("newObjectLayer (initialized)")
 
 	xhttp.SetDeploymentID(globalDeploymentID)
 	xhttp.SetMinIOVersion(Version)
@@ -719,6 +720,7 @@ func serverMain(ctx *cli.Context) {
 	go func() {
 		bootstrapTrace("globalIAMSys.Init")
 		globalIAMSys.Init(GlobalContext, newObject, globalEtcdClient, globalRefreshIAMInterval)
+		bootstrapTrace("globalIAMSys.Initialized")
 
 		// Initialize Console UI
 		if globalBrowserEnabled {
@@ -816,23 +818,26 @@ func serverMain(ctx *cli.Context) {
 		// Initialize bucket metadata sub-system.
 		bootstrapTrace("globalBucketMetadataSys.Init")
 		globalBucketMetadataSys.Init(GlobalContext, buckets, newObject)
+		bootstrapTrace("globalBucketMetadataSys.Initialized")
 
 		// initialize replication resync state.
-		bootstrapTrace("go initResync")
-		go globalReplicationPool.initResync(GlobalContext, buckets, newObject)
+		bootstrapTrace("initResync")
+		globalReplicationPool.initResync(GlobalContext, buckets, newObject)
 
 		// Initialize site replication manager after bucket metadata
 		bootstrapTrace("globalSiteReplicationSys.Init")
 		globalSiteReplicationSys.Init(GlobalContext, newObject)
+		bootstrapTrace("globalSiteReplicationSys.Initialized")
 
 		// Initialize quota manager.
 		bootstrapTrace("globalBucketQuotaSys.Init")
 		globalBucketQuotaSys.Init(newObject)
+		bootstrapTrace("globalBucketQuotaSys.Initialized")
 
 		// Populate existing buckets to the etcd backend
 		if globalDNSConfig != nil {
 			// Background this operation.
-			bootstrapTrace("initFederatorBackend")
+			bootstrapTrace("go initFederatorBackend")
 			go initFederatorBackend(buckets, newObject)
 		}