Stable Payment Deployments

Akash deployments can be funded using our native crypto currency (AKT) or through stable coins.

In this guide we will review:

• Methods to Transfer USDC onto Akash for Stable Payments
• Akash Deployment Creation using Stable Payments

Currently Supported Stable Coins

• Axelar USDC (USDC.axl)

Transfer USDC onto Akash using Leap Wallet

Section Overview

In this section we will detail methods to transfer Axelar USDC into your Akash account for funding of deployments using stable payments.

Leap Wallet

We find that using Leap Wallet to be the simplest method of transferring Axelar USDC into the Akash network and associated accounts as no manual specification of the IBC is necessary.

In the steps that follow we will swap Akash AKT for Axelar USDC. You can use any tokens that are swappable on the Osmosis DEX to get Axelar USDC but in this guide we assume you have some AKT on Akash.

This involves two steps:

• Swapping AKT for USDC.axl
• Performing an Inter-Blockchain (IBC) transfer of the USDC.axl into Akash

Install Leap Wallet Browser Plug In

• Follow the instructions provided by Leap Wallet to install the appropriate web browser plug in here.

Transfer of USDC.axl onto Akash

STEP 1 - Open Leap Wallet Browser Plug In

• Open your Leap Wallet browser extension
• Select Akash from the network selection drop down on the top right as shown.
• Confirm that you have some AKT available.

STEP 2 - Swap the AKT for USDC.axl

• Select the Swap option within Leap Wallet as shown below

• The selection of the Swap option in the prior step will open the swap interface within the browser extension.
• Make the selections as indicated, swapping from AKT to USDC.axl on Axelar then complete the swap.

STEP 3 - Complete the IBC Transfer of USDC.axl into Akash

• With the Swap now completed in the previous step, we need to transfer the USDC.axl from the Axelar network into Akash.
• For this we need some AXL on Axelar for gas fees. If you don’t have any AXL, you can swap some of the AKT for AXL as shown below.
• Make sure to select AXL on the Axelar network as the destination.

• Next, select the Send option as depicted below to initiate transfer of USDC.axl into Akash.

• Select the USDC.axl token on Axelar as the token to send.
• For the recipient, paste in your Akash wallet address, or click the contacts icon select Your Wallets > Wallet name > Akash.
• The wallet should automatically detect an IBC transfer as shown below.

• Review and complete the transfer.

Verify IBC Transfer and Availability of USDC on Akash Network

• Going back to the home section of the leap wallet extension and selecting Akash as the network from the dropdown, you should be able to see your USDC.axl balance as below.

• USDC balances can also be verified with the Akash CLI as follows:

CLI Verification/Command Template

provider-services query bank balances <akash-address>

Expected/Example Output

• Note the appearance and balance of denom ibc/170C677610AC31DF0904FFE09CD3B5C657492170E7E52372E48756B71E56F2F1
• This denom represents available Axelar USDC and indicates availability of stable payment funds to utilize for Akash deployments

provider-services query bank balances akash1w3k6qpr4uz44py4z68chfrl7ltpxwtkngnc6xk

balances:
- amount: "19442338"
  denom: ibc/170C677610AC31DF0904FFE09CD3B5C657492170E7E52372E48756B71E56F2F1
- amount: "59994563"
  denom: uakt
pagination:
  next_key: null
  total: "0"

Akash Deployment Creation using Stable Payments

In this section we will cover using the following clients to create an Akash deployment using Stable Payments.

NOTE - when creating an Akash deployment using Stable Payment - ensure that the SDL pricing section reflects the correct denomination as covered here.

• Akash Console
• Akash CLI

Akash Console Stable Payment Use

• When using Akash Console no change is necessary in the deployment creation when using Stable Payments.
• When the associated SDL uses the USDC denomination, Akash Console will create the deployment with Stable Payment.
• An indication that Stable Payments are being used in the deployment creation is provided in the Deployment Deposit dialog box as shown below.

Akash CLI Stable Payment Use

• When creating a deployment via the Akash CLI, all steps in the typical deployment creation steps (as covered here) remain applicable and valid with the only edit in such steps being this syntax in the deployment create step.
• As shown in this Stable Payment relevant deployment create command we must specify the deposit switch as the USDC denomination.

Create Deployment Command for USDC Stable Payment Use

provider-services tx deployment create deploy.yml --from $AKASH_KEY_NAME --deposit=5000000ibc/170C677610AC31DF0904FFE09CD3B5C657492170E7E52372E48756B71E56F2F1