> For the complete documentation index, see [llms.txt](https://docs.growthdefi.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.growthdefi.com/gro-tokenomics.md).

# 5. GRO

*GRO Contract Address (BSC): 0x336ed56d8615271b38ecee6f4786b55d0ee91b96*

*GRO Contract Address (ETH): 0x09e64c2b61a5f1690ee6fbed9baf5d6990f8dfd0*

Circulating Supply: Approximately 380,000

GRO is the core governance token of the Growth DeFi ecosystem. It is bought back and burned using the excess system surplus in MOR.

System Surplus increases from three sources:

1. Stability Fees
2. Liquidation Penalties
3. PSM Fees

It is ideal to always have some MOR reserved in the system surplus to protect against black swan events. This excess amount is used to buyback and burn GRO.

GRO is the governance token used to vote on the important decisions for MOR such as stability fees, debt ceilings and other important parameters.\
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