TLDR: Vote to remove Mochi's vlCVX Vote Weight due to acquiring it via arguably illegitimate means.
Find more information at Convex's snapshot vote: https://vote.convexfinance.com/#/proposal/0x876b22a796ed985364252eb1b901ca6ac5a75962092a2d6e616fe746ebcd1141
The Convex DAO can either:
• Take action, revoking Mochi’s vlCVX voting power from having any weight in Convex proposals.
• NOT take action, and allow the vlCVX to participate in governance votes.
Pros of taking action:
• Removes the ill-acquired vlCVX from voting in proposals and receiving Votium incentives
• Establishes a clear line of precedence for others to not cross.
• Prevents the vlCVX from being used for further disguised actions.
Cons of taking action:
• Revoking voting power can be perceived as against the laissez-faire ethos of DeFi.
• Does not stop the selling of the CVX tokens in the future when it unlocks.
• Does not prevent the receiving of cvxCRV rewards.