This gets me interested. Link [1] below shows their implementation of strlcpy(). This is a questionable implementation. With strncpy, the source string "src" may not be NULL terminated IIRC. The git implementation requires "src" to be NULL terminated. If not, an invalid read. EDIT: according to the strlcpy manpage [2], "src" is required to be NULL terminated, so strlcpy imposes more restrictions and is not a proper replacement of strncpy.
Furthermore, imagine "src" has 1Mb characters but we only want to copy the first 3 chars. The git implementation would traverse the entire 1Mb to find the length first, but a proper implementation only needs to look at the first 3 chars. So, they banned strncpy and provided a worse solution to that.
[1]: https://github.com/git/git/blob/master/compat/strlcpy.c