That might be reasonable, but there is certainly a potential disadvantage to the blockchain here as well. If you have term deposits then the blockchain is stuck paying the higher rate for longer. That might be problematic, though it's probably workable if the amount locked is limited.
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Locked staking has been a common feature among other savings/staking platform. This is why I think it has no issues on the user side. Regarding potential disadvantage, I can't see a deeper negative effect as what I foresee. But it gives Hive ecosystem a breather on the savings reward option. The more % we can save, the better for Hive because these returns are relative to the addition of Hive selling pressure in the market.
Since many have aired its concern on 20%, I believe it's best to address this issue asap or else we'll see its long-term effect. What do you think?
I wouldn't consider it a priority. We only have a few million in savings, despite the 20%.