Mint and Burn ACT (CLI) | Akash Network - Your Guide to Decentralized Cloud

Use akash CLI BME transactions to convert between AKT and ACT.

Mint ACT: burn uakt and mint uact
Burn ACT: burn uact and mint/remint uakt

Prerequisites

akash CLI installed
Wallet funded with AKT for mint operations and gas
Network env vars configured (AKASH_NODE, AKASH_CHAIN_ID, gas settings)

Example env:

export AKASH_NODE="https://rpc.akashnet.net:443"
export AKASH_CHAIN_ID="akashnet-2"
export AKASH_GAS="auto"
export AKASH_GAS_PRICES="0.025uakt"
export AKASH_GAS_ADJUSTMENT="1.5"
export AKASH_KEY_NAME="my-wallet"

Check BME Status First

Before minting ACT, check status:

akash query bme status --node "$AKASH_NODE"

If minting is halted by circuit breaker status, mint-act will fail until status allows minting again.

Mint ACT (Burn AKT -> Mint ACT)

Mint ACT by burning AKT:

akash tx bme mint-act 5000000uakt \
  --from "$AKASH_KEY_NAME" \
  --node "$AKASH_NODE" \
  --chain-id "$AKASH_CHAIN_ID"

5000000uakt = 5 AKT input.

Burn ACT (Burn ACT -> Mint AKT)

Burn ACT back to AKT:

akash tx bme burn-act 5000000uact \
  --from "$AKASH_KEY_NAME" \
  --node "$AKASH_NODE" \
  --chain-id "$AKASH_CHAIN_ID"

5000000uact = 5 ACT input.

Generic Conversion Command

Use the generic conversion command when needed:

# AKT -> ACT
akash tx bme burn-mint 1000000uakt uact --from "$AKASH_KEY_NAME"

# ACT -> AKT
akash tx bme burn-mint 1000000uact uakt --from "$AKASH_KEY_NAME"

Verify Balances

Check wallet balances before/after:

AKASH_ADDRESS=$(akash keys show "$AKASH_KEY_NAME" -a)
akash query bank balances "$AKASH_ADDRESS" --node "$AKASH_NODE"

Look for both uakt and uact entries.

Troubleshooting

Mint transaction fails while status is halted: check akash query bme status; wait until minting is allowed.
Insufficient funds: keep AKT for gas even when working with ACT.
Wrong denom: use uakt for AKT and uact for ACT.

Reference

Command names and semantics are from Akash CLI BME command implementations:

mint-act
burn-act
burn-mint