That is an interesting rule. The new users are excluded (the default reputation is 25). And many of the old users are also excluded, because their reputation is above 70. Mine is currently 69.10, so I am barely below 70, but I could participate (if I would have 200 Leo to Power Up)
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It looks as if the reputation requirement (now scrapped) served as a proxy for who could stake. Between 25 and 39 usually indicates that someone doesn't have enough HIVE/LEO to power up to begin with, while 70+ usually indicates that the benefit of the power up may not be there at that level. I'm just guessing there.
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