> For the complete documentation index, see [llms.txt](https://docs.liquidapps.io/liquidapps-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.liquidapps.io/liquidapps-documentation/cross-chain-bridges/getting-started-with-liquidbridge/eosio-less-than-greater-than-evm/evm-side-setup/setup-evm-contracts/setup-evm-token-contract/initialize-token-and-transfer-ownership.md).

# Initialize Token and Transfer Ownership

First we'll select the CONTRACT tab, then the Write Contract button, then Connect to Web3

![](https://4003270724-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTfSc9O76OFJpqcb3QC%2F-Ma0Ggo4jYBwjnT80XAI%2F-Ma0N45IH8UVXrvTy6AE%2F22.png?alt=media\&token=beb20277-792b-4228-929c-87782f880c29)

Click Connect to Web3, ensuring we have our token contract set as our account.

Then scroll down the #5 the initialize action

{% hint style="warning" %}
If you are using remix, be sure and put quotes around everything non-integer including the address, see photo below this one
{% endhint %}

**Block explorer example**

![](https://4003270724-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTfSc9O76OFJpqcb3QC%2F-Ma0Ggo4jYBwjnT80XAI%2F-Ma0NXqLuLAwJN4iQe-f%2F23.png?alt=media\&token=1a3549b1-a712-4d98-a0a9-9d9b8e1589c9)

**Remix example**

![](https://4003270724-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTfSc9O76OFJpqcb3QC%2F-McF-lnr3HFpSvh0T-Wa%2F-McF09HbOXZe54sElGVy%2Fexample.png?alt=media\&token=e69b278e-dba8-4f2c-a119-02840f44e64e)

You can change the `name.`

{% hint style="warning" %}
The `owner` is the account that created the contract, not the contract itself!!
{% endhint %}

Click `write`.

Now scroll to #10, we're going to give up ownership of the token to the **tokenpeg account.**

![](https://4003270724-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTfSc9O76OFJpqcb3QC%2F-Ma0Ggo4jYBwjnT80XAI%2F-Ma0OCBszDMG-G4bjgo7%2F24.png?alt=media\&token=28a8d0e5-6097-402f-88b5-4a84c611a170)

You should now see your token in the token tracker section. This is available on the token contract itself.

![](https://4003270724-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MTfSc9O76OFJpqcb3QC%2F-Ma0Ggo4jYBwjnT80XAI%2F-Ma0Oe34C84U7IrZr5HJ%2F25.png?alt=media\&token=c896fabd-e72b-49da-8415-bbf26248ba08)

**You're done!** Now let's go setup the tokenpeg contract!