We have POE 802.3af in our design. We are facing some issues with it as elaborated below.
We have connected an LED load to the connector end with a POE splitter. A splitter is used to convert 48V to 12V. When the board power ON LED glows after a minute, there is some delay found when glowing delay.
What is the ground reference for PoE 48V (VC2+)? Refer to attached image.