🔗transferOwnership

Description

The transferOwnership function is an asynchronous function that facilitates the transfer of ownership for a given contract on a specified blockchain.

Parameters

Parameter	Data Type	Description
contract	string	The type of contract ('ERC721', 'ERC1155', 'ERC20', 'SOULBOUND').
blockchain	string	The name or symbol of the blockchain.
contractAddress	string	The address of the contract on the blockchain.
privateKey	string	The private key of the current owner.
newOwner	string	The address of the new owner to whom the ownership will be transferred.
env	string	The environment or network where the contract exists (e.g., 'mainnet', 'testnet').

Response

Field	Data Type	Description
code	number	A numeric value indicating the execution status (1 for success, 0 for error).
error	any	The error object containing details about the encountered error, if applicable.
result	any	The result object containing the outcome of the ownership transfer operation. The structure of the result object may vary depending on the contract type and implementation.

Example Request and Response

Prerequisites

Before making requests with Volary SDK, you must have it installed.

You can install Volary SDK using either npm or yarn. Use the following commands to install Volary SDK:

npm install @nest25/evm-chains-lib
OR
yarn add @nest25/evm-chains-lib

Request

Here is an example of how to make a VLRYToCRYPTO request using the Volary SDK:

const { Nft } = require('@nest25/evm-chains-lib');

const nft = new Nft('testnet');
const privateKey = "your private key"

async function main() {
    const result = await nft.transferOwnership(
        'erc20',
        'ava',
        '0xc653bf7cdd8775f8d6fc2deb664d54b793914ca8',
        privateKey,
        '0x0EDdA2D7b045c0de5DF076bC367FB23af698df40',
    );
    console.log(result);
}

main();

Response

Use Cases

• The transferOwnership function can be used to transfer ownership of a contract on a specified blockchain. It is useful when there is a need to change the owner of a contract to another address.