Agree wrt the trust issue. Not so much agree wrt the process proposed. In current situation with both sides not having enough witnesses to make chances to the blockchain, its time to come to agreements. Some high(er) SP holders are stating they plan to keep the equilibrium anyway, so listen to these users who - like witnesses - also represent a voice from the community ar large.
IMHO, we shall not lock the funds of Steemit Inc and we need to re-assure Justin/TRON we will not do.
We shall come to some agreement with TRON and Justin that TRON/Justin will invest in building out Steem. In my honest opinion, this doesn't have to be financed directly from the Steemit Inc Steem stake/wallet. The money may come from anywhere; Costs to develop the Steem eco system is mostly in FIAT currency anyway and just having the Steem Wallet of Steemit Inc as the source of income to fund all expenses seems a risk to me; What if Steem value goes down in dollar value as it is been doing the last few years?
Somehow we need to make sure, in writing, in contracts, in mutual agreed lockup funds (this can be in a trust fund for instance) the intentions of TRON and Justin wrt Steem and Steemit.com are verifiable, legal and eventually will be honoured.
RE: Progress being made