Floating IP is assigned to other droplet but is not accessible

Hi,

I have two nodes in DO running pgpool. I have assigned floating IP to one of the nodes in DO.I have configured my pgpool to use the floating IP. After starting pgpool on master node, I can see using ifconfig that my floating ip is attached to master node and my application which uses the floating IP to connect, runs fine.

After I shutdown my pgpool services on master node, I can see that floating ip is assigned to the second/standby node but my application is not able to connect to the IP.

If I do not use my application and try directly from command line then also it does not connect. Is the Floating IP bound to only one Droplet?

Thanks, Nikhil