> 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

![](/files/-Ma0N45IH8UVXrvTy6AE)

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**

![](/files/-Ma0NXqLuLAwJN4iQe-f)

**Remix example**

![](/files/-McF09HbOXZe54sElGVy)

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.**

![](/files/-Ma0OCBszDMG-G4bjgo7)

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

![](/files/-Ma0Oe34C84U7IrZr5HJ)

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


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