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Use scenarios: The lifecycle rule is suitable for storing multimedia files, albums, and network disks. You can convert the storage class of cold data that is not accessed for a long period of time to Infrequent Access (IA), Archive, or Cold Archive by configuring a lifecycle rule for a bucket based on the last access time of the objects in the bucket. Released features: You can configure lifecycle rules based on the last access time to automate hot and cold data management. The system monitors and identifies cold data based on the configured lifecycle rules in the storage system. Then, the system automatically converts the storage class of cold data into IA, Archive, or Cold Archive to manage cold and hot data by using different methods.