diff --git a/CHANGELOG.md b/CHANGELOG.md
index fa01f3aa6..26a8adbf8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # CHANGELOG
 
+## v0.3.1-beta
+
+### BUG FIXES
+* fix(cli): Fix peer id generation by @samtvlabs in https://github.com/axonweb3/axon/pull/1656
+
+
 ## v0.3.0-beta
 
 ### BREAKING CHANGES
diff --git a/Cargo.lock b/Cargo.lock
index 93d628652..c0d5aa630 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -263,7 +263,7 @@ checksum = "d468802bab17cbc0cc575e9b053f41e72aa36bfa6b7f55e3529ffa43161b97fa"
 
 [[package]]
 name = "axon"
-version = "0.3.0-beta"
+version = "0.3.1-beta"
 dependencies = [
  "axon-protocol",
  "clap 4.4.6",
@@ -1774,7 +1774,7 @@ dependencies = [
 
 [[package]]
 name = "core-cli"
-version = "0.1.0"
+version = "0.1.1"
 dependencies = [
  "anyhow",
  "axon-protocol",
diff --git a/Cargo.toml b/Cargo.toml
index 82f329a7f..535ea5ac1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "axon"
-version = "0.3.0-beta"
+version = "0.3.1-beta"
 authors = ["Nervos Dev <dev@nervos.org>"]
 edition = "2021"
 repository = "https://github.com/axonweb3/axon"
diff --git a/core/cli/Cargo.toml b/core/cli/Cargo.toml
index 1fa8b9d18..33efc431f 100644
--- a/core/cli/Cargo.toml
+++ b/core/cli/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "core-cli"
-version = "0.1.0"
+version = "0.1.1"
 edition = "2021"
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html