This has not been decided yet. The reason for not having a fully open public and premissionless sale has been addressed in my earlier response. Speed and uncertainty of the market. If we wait for 100% buy in from everyone, and a full public sale process and ETH or LDO drop significantly the whole thing is moot.
Who is the penultimate person or entity that is best in class and can buy $10M relatively quickly? I have been fielding meetings non-stop to try to find the local best I can in a very short window.
If the community votes for a lock up there will be a mandatory lock up. If the complaint is current LDO holder distribution, again what is your suggestion? One voice, one vote? Use stETH? That takes more time.
To reiterate, we are not perfect, but at the same time, we have built the best liquid staking protocol on the market. Hindsight is 20/20 when self reflecting and we can either continue to improve and get better or give up.