diff --git a/scripts/init.sh b/scripts/init.sh
index 128da4e6..40d321b6 100755
--- a/scripts/init.sh
+++ b/scripts/init.sh
@@ -4,6 +4,7 @@ KEY="alice"
 CHAINID="laconic_9000-1"
 MONIKER="localtestnet"
 KEYRING="test"
+DENOM=alnt
 LOGLEVEL="${LOGLEVEL:-info}"
 
 input_genesis_file=${GENESIS_FILE}
@@ -29,7 +30,7 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
   laconicd keys add $KEY --keyring-backend $KEYRING
 
   # Set moniker and chain-id for Ethermint (Moniker can be anything, chain-id must be an integer)
-  laconicd init $MONIKER --chain-id $CHAINID --default-denom alnt
+  laconicd init $MONIKER --chain-id $CHAINID --default-denom $DENOM
 
   if [ -f ${input_genesis_file} ]; then
     # Use provided genesis config
@@ -94,11 +95,11 @@ if [ "$1" == "clean" ] || [ ! -d "$HOME/.laconicd/data/blockstore.db" ]; then
 
   # Allocate genesis accounts (cosmos formatted addresses)
   # 10^30 alnt | 10^12 lnt
-  laconicd genesis add-genesis-account $KEY 1000000000000000000000000000000alnt --keyring-backend $KEYRING
+  laconicd genesis add-genesis-account $KEY 1000000000000000000000000000000$DENOM --keyring-backend $KEYRING
 
   # Sign genesis transaction
-  # 10^24 alnt | 10^6 lnt
-  laconicd genesis gentx $KEY 1000000000000000000000000alnt --keyring-backend $KEYRING --chain-id $CHAINID
+  # 10^15 alnt
+  laconicd genesis gentx $KEY 1000000000000000$DENOM --keyring-backend $KEYRING --chain-id $CHAINID
 
   # Collect genesis tx
   laconicd genesis collect-gentxs
@@ -113,7 +114,7 @@ fi
 laconicd start \
   --pruning=nothing \
   --log_level $LOGLEVEL \
-  --minimum-gas-prices=1alnt \
+  --minimum-gas-prices=1$DENOM \
   --api.enable \
   --rpc.laddr="tcp://0.0.0.0:26657" \
   --gql-server --gql-playground