I applaud experimentation and innovation. The question I have is what is the experiment about? What are you trying to prove?

Are you wondering if people will lock up HBD for a longer period, in exchange for a higher return? I think the market of savings bonds and certificates of deposits show people will do that.

Personally I am not sure that time vaults, as a viable entity, are even in question. We know there is a certain amount of money that will flow into these especially if there is another form of liquidity provided.

I guess my point is what happens if 90 days goes by, you get the 10K HBD and all are paid out at the end, what did you prove?

That is what needs clarification.