diff --git a/x/programs/examples/token.go b/x/programs/examples/token.go
index 8f3bb1a4b4..7bc67c3bb7 100644
--- a/x/programs/examples/token.go
+++ b/x/programs/examples/token.go
@@ -175,6 +175,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int64("alice", mintAlice),
 	)
 
+	alicePtr, err = writeToMem(alicePublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// check balance of alice
 	result, err = rt.Call(ctx, "get_balance", programContext, alicePtr)
 	if err != nil {
@@ -184,6 +189,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int64("alice", result[0]),
 	)
 
+	bobPtr, err = writeToMem(bobPublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// check balance of bob
 	result, err = rt.Call(ctx, "get_balance", programContext, bobPtr)
 	if err != nil {
@@ -199,6 +209,16 @@ func (t *Token) Run(ctx context.Context) error {
 	if err != nil {
 		return err
 	}
+	bobPtr, err = writeToMem(bobPublicKey, mem)
+	if err != nil {
+		return err
+	}
+
+	alicePtr, err = writeToMem(alicePublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	_, err = rt.Call(ctx, "transfer", programContext, alicePtr, bobPtr, transferToBobPtr)
 	if err != nil {
 		return err
@@ -213,6 +233,16 @@ func (t *Token) Run(ctx context.Context) error {
 		return err
 	}
 
+	bobPtr, err = writeToMem(bobPublicKey, mem)
+	if err != nil {
+		return err
+	}
+
+	alicePtr, err = writeToMem(alicePublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	_, err = rt.Call(ctx, "transfer", programContext, alicePtr, bobPtr, onePtr)
 	if err != nil {
 		return err
@@ -222,6 +252,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int64("to bob", 1),
 	)
 
+	alicePtr, err = writeToMem(alicePublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// get balance alice
 	result, err = rt.Call(ctx, "get_balance", programContext, alicePtr)
 	if err != nil {
@@ -231,6 +266,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int64("alice", result[0]),
 	)
 
+	bobPtr, err = writeToMem(bobPublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// get balance bob
 	result, err = rt.Call(ctx, "get_balance", programContext, bobPtr)
 	if err != nil {
@@ -274,6 +314,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int32("to bob", minters[1].Amount),
 	)
 
+	alicePtr, err = writeToMem(alicePublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// get balance alice
 	result, err = rt.Call(ctx, "get_balance", programContext, alicePtr)
 	if err != nil {
@@ -283,6 +328,11 @@ func (t *Token) Run(ctx context.Context) error {
 		zap.Int64("alice", result[0]),
 	)
 
+	bobPtr, err = writeToMem(bobPublicKey, mem)
+	if err != nil {
+		return err
+	}
+
 	// get balance bob
 	result, err = rt.Call(ctx, "get_balance", programContext, bobPtr)
 	if err != nil {
diff --git a/x/programs/examples/token_test.go b/x/programs/examples/token_test.go
index f4977e842e..58a37358c5 100644
--- a/x/programs/examples/token_test.go
+++ b/x/programs/examples/token_test.go
@@ -65,6 +65,9 @@ func TestTokenProgram(t *testing.T) {
 		_, err = rt.Call(ctx, "mint_to", callContext, alicePtr, mintAlicePtr)
 		require.NoError(err)
 
+		alicePtr, err = writeToMem(alicePublicKey, mem)
+		require.NoError(err)
+
 		// check balance of alice
 		result, err := rt.Call(ctx, "get_balance", callContext, alicePtr)
 		require.NoError(err)
@@ -75,6 +78,9 @@ func TestTokenProgram(t *testing.T) {
 		require.NoError(err)
 		require.Equal(int64(1000), aliceBalance)
 
+		alicePtr, err = writeToMem(alicePublicKey, mem)
+		require.NoError(err)
+
 		// burn alice tokens
 		_, err = rt.Call(ctx, "burn_from", callContext, alicePtr)
 		require.NoError(err)
diff --git a/x/programs/tests/fixture/token.wasm b/x/programs/tests/fixture/token.wasm
index 35a7de0673..9d30138ce0 100755
Binary files a/x/programs/tests/fixture/token.wasm and b/x/programs/tests/fixture/token.wasm differ