[rvnx]

It's not a good solution to give pieces of equity and/or claims on future cash distributions, but it sounds better than forcing to liquidate everything in a rush immediately.

Another way could also be to apply when you are withdrawing the money:

1st yr: 10% withdraw fee

2nd yr: 9% withdraw fee

3rd yr: 8% withdraw fee

etc

with the rate adjusting down every year.

[modeless]

Or, you could liquidate everything now and give people cash today that they could choose to put into treasuries themselves, earning a rate much better than your proposed lockup fee schedule. That sounds much faster and simpler and ultimately better for everyone.