What is the minimum balance in XLM?

Could you kindly clarify for me the specific amount that constitutes the minimum balance requirement for XLM? I'm interested in understanding the financial thresholds involved with maintaining a balance in this particular cryptocurrency. Would you mind elaborating on whether there are any specific conditions or circumstances that might affect this minimum balance requirement? Additionally, I'm curious if there are any penalties or restrictions associated with maintaining a balance below the stated minimum. Thank you for your assistance in clarifying this matter for me.