The XList token runs on the XRPL network and its main utility allows XList holders to decide through the power of voting which exchange XList will list on every two months. XList holders can also vote for their favourite XRPL project from a list that is participating in the voting at the same time. The project with the highest number of votes will list on the exchange with the highest number of votes alongside XList. XList covers the listing fees of both projects to list on the winning exchange. XList is working to establish partnerships or close relationships with exchanges involved in the voting process and will be able to negotiate good offers for the listing fees.