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[HOST] Welcome to X1 Report, your trusted source for blockchain news. Today, we're diving into

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the latest developments in the X1 Foundation's delegation program. The floor has been

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raised to 20,000 XNT, but the real P85 is much higher at 26,654 XNT.

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[ANALYST] Nick Pettas of X1 Labs announced this change in epoch 423, which took effect in epoch 424.

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The floor is now a round number set by hand, while P85 is a live measurement that changes

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with each epoch.

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[HOST] To understand the significance, let's look at where P85 stands now. On October 28, early

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in epoch 425, the 85th percentile of validator self-stake was 26,654 XNT. This is a 19%

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increase from nine epochs ago.

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[ANALYST] The median self-stake among validators has also shifted. On October 20, it was 10,039 XNT;

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now, it's 20,010 XNT. More than twice as many validators are now above the 20,000 XNT

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floor.

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[HOST] With 235 out of 443 validators meeting the new self-stake requirement, the field has

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indeed moved past the minimum. However, 188 validators still fail the self-stake rule,

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with 116 of them showing Foundation delegation.

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[ANALYST] The next rebalance can mean two different things: reallocation every epoch and a potential

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floor change announced by X1. The floor has not been adjusted since October 27, but it

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could be set near the live P85 again.

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[HOST] It's worth noting that 'self-stake' includes community delegations a validator has

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received. On stricter measures, P85 is 25,091 XNT, against 26,378 for self-stake on the

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same set of validators.

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[ANALYST] Ripper Pool operates its own rule, setting its delegation cutoff from its own P85,

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separate from the Foundation's. This adds another layer of complexity to the ecosystem.

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[HOST] For operators, holding exactly the minimum keeps a validator eligible this epoch but

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offers no margin if the floor is reset to the live P85. The official delegation dashboard

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and X1 Validator HQ provide real-time data.

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[ANALYST] Beyond self-stake, validators must also consider commission, uptime, and reputation when

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community delegators are picking their preferred nodes.

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[HOST] The Bootstrap Bonus closes on November 1, giving validators time to adjust. The X1

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validators page tracks the network's overall health and performance.

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[ANALYST] In summary, while the floor is now 20,000 XNT, the live P85 is significantly higher at

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26,654 XNT. Operators must stay informed and adapt to these changes.

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[HOST] That's all for today's report. Stay tuned for more updates from the blockchain world.

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Until next time, keep your crypto secure.
