The time-locked savings account feature proposed here would be different than what is currently available in Steem. In Steem you only have a fixed 3 day withdrawal delay option for the savings balances. With this proposal, I wish to provide users with flexibility to essentially allow them to create different buckets with different withdrawal delays, and then decide how much of which assets they wish to place in the different buckets.

The proposal also recommends adopting the recovery account feature of Steem, and in that case it would be the same exact feature.