I’m against timelocks, mainly for 2 reasons:
- the first you already said, it is going to scare investors. We can have more UNI in LPs if the UNI are not locked then if they were locked. I’ve been providing liquidity to UNI-ETH since day 1 and I’m not planning to stop it, but I wouldn’t provide liquidity if it implied that I need to lock my token.
- impermanent loss is already a big incentive to keep your UNI in the liquidity pools, The way you overcome the impermanent loss with gains is by providing liqudiity for a longer timeframe.