diff --git a/utils/rate.go b/utils/rate.go
index 13fe73d9..266dced7 100644
--- a/utils/rate.go
+++ b/utils/rate.go
@@ -31,28 +31,44 @@ import (
 )
 
 type LeakyBucket struct {
-	mutex      sync.Mutex
-	last       time.Time
-	sleepFor   time.Duration
-	perRequest atomic.Duration
+	mutex    sync.Mutex
+	last     time.Time
+	sleepFor time.Duration
+	cfg      atomic.Pointer[leakyBucketConfig]
+	clock    Clock
+}
+
+type leakyBucketConfig struct {
+	perRequest time.Duration
 	maxSlack   time.Duration
-	clock      Clock
 }
 
-func NewLeakyBucket(rateLimit int, slack time.Duration, clock Clock) *LeakyBucket {
+// NewLeakyBucket initiates LeakyBucket with rateLimit, slack, and clock.
+//
+// rateLimit is defined as the number of request per second.
+//
+// slack is defined as the number of allowed requests before limiting.
+// e.g. when slack=5, LeakyBucket will allow 5 requests to pass through Take
+// without a sleep as long as these requests are under perRequest duration.
+func NewLeakyBucket(rateLimit int, slack int, clock Clock) *LeakyBucket {
 	var lb LeakyBucket
-	lb.SetRateLimit(rateLimit)
-	lb.maxSlack = -1 * time.Duration(slack) * lb.perRequest.Load()
 	lb.clock = clock
+	lb.Update(rateLimit, slack)
 	return &lb
 }
 
-// SetRateLimit sets the underlying rate limit.
+// Update sets the underlying rate limit and slack.
 // The setting may not be applied immediately.
 //
-// SetRateLimit is THREAD SAFE and NON-BLOCKING.
-func (lb *LeakyBucket) SetRateLimit(rateLimit int) {
-	lb.perRequest.Store(time.Second / time.Duration(rateLimit))
+// Update is THREAD SAFE and NON-BLOCKING.
+func (lb *LeakyBucket) Update(rateLimit int, slack int) {
+	perRequest := time.Second / time.Duration(rateLimit)
+	maxSlack := -1 * time.Duration(slack) * perRequest
+	cfg := leakyBucketConfig{
+		perRequest: perRequest,
+		maxSlack:   maxSlack,
+	}
+	lb.cfg.Store(&cfg)
 }
 
 // Take blocks to ensure that the time spent between multiple Take calls
@@ -63,6 +79,7 @@ func (lb *LeakyBucket) Take() time.Time {
 	lb.mutex.Lock()
 	defer lb.mutex.Unlock()
 
+	cfg := lb.cfg.Load()
 	now := lb.clock.Now()
 
 	// If this is our first request, then we allow it.
@@ -75,13 +92,13 @@ func (lb *LeakyBucket) Take() time.Time {
 	// the perRequest budget and how long the last request took.
 	// Since the request may take longer than the budget, this number
 	// can get negative, and is summed across requests.
-	lb.sleepFor += lb.perRequest.Load() - now.Sub(lb.last)
+	lb.sleepFor += cfg.perRequest - now.Sub(lb.last)
 
 	// We shouldn't allow sleepFor to get too negative, since it would mean that
 	// a service that slowed down a lot for a short period of time would get
 	// a much higher RPS following that.
-	if lb.sleepFor < lb.maxSlack {
-		lb.sleepFor = lb.maxSlack
+	if lb.sleepFor < cfg.maxSlack {
+		lb.sleepFor = cfg.maxSlack
 	}
 
 	// If sleepFor is positive, then we should sleep now.
diff --git a/utils/rate_test.go b/utils/rate_test.go
index 9d2125c5..961234c0 100644
--- a/utils/rate_test.go
+++ b/utils/rate_test.go
@@ -32,6 +32,7 @@ import (
 
 	"github.com/benbjohnson/clock"
 	"github.com/stretchr/testify/assert"
+	"github.com/stretchr/testify/require"
 )
 
 const UnstableTest = "UNSTABLE TEST"
@@ -161,11 +162,14 @@ func runTest(t *testing.T, fn func(testRunner)) {
 			constructor: func(rate int, opts ...Option) Limiter {
 				config := buildConfig(opts)
 				perRequest := config.per / time.Duration(rate)
+				cfg := leakyBucketConfig{
+					perRequest: perRequest,
+					maxSlack:   -1 * time.Duration(config.slack) * perRequest,
+				}
 				l := &LeakyBucket{
-					maxSlack: -1 * time.Duration(config.slack) * perRequest,
-					clock:    config.clock,
+					clock: config.clock,
 				}
-				l.perRequest.Store(perRequest)
+				l.cfg.Store(&cfg)
 				return l
 			},
 		},
@@ -495,7 +499,7 @@ func TestSetRateLimitOnTheFly(t *testing.T) {
 		// Set rate to 1hz
 		limiter, ok := r.createLimiter(1, WithoutSlack).(*LeakyBucket)
 		if !ok {
-			t.Skip("SetRateLimit is not supported")
+			t.Skip("Update is not supported")
 		}
 
 		r.startTaking(limiter)
@@ -505,17 +509,23 @@ func TestSetRateLimitOnTheFly(t *testing.T) {
 		r.assertCountAt(time.Second, 3)
 
 		// increase to 2hz
-		limiter.SetRateLimit(2)
+		limiter.Update(2, 0)
 		r.getClock().Add(time.Second)
 		r.assertCountAt(time.Second, 4) // <- delayed due to paying sleepFor debt
 		r.getClock().Add(time.Second)
 		r.assertCountAt(time.Second, 6)
 
 		// reduce to 1hz again
-		limiter.SetRateLimit(1)
+		limiter.Update(1, 0)
 		r.getClock().Add(time.Second)
 		r.assertCountAt(time.Second, 7)
 		r.getClock().Add(time.Second)
 		r.assertCountAt(time.Second, 8)
+
+		slack := 3
+		require.GreaterOrEqual(t, limiter.sleepFor, time.Duration(0))
+		limiter.Update(1, slack)
+		r.getClock().Add(time.Second * time.Duration(slack))
+		r.assertCountAt(time.Second, 8+slack)
 	})
 }