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13. What percentage of CVX lockers are re-locking their tokens?

Display not only the percentage, but select a time period of your choosing and provide a brief analysis of what you think might impact the decision to re-lock tokens.

Methodology

Look at all transactions where to_address is 0xd18140b4b819b895a3dba5442f959fa44994af50 -- Vote Locked Convex Token (vlCVX)
Parse the events for transactions and amount where event_inputs:"_relocked" is not null
This gives us the CVX amount and if it was relocked or not.
Analyze the past 2 months of weekly re-locks per day since relock was introduced on Dec 29, 2021.

Number of Users

Number of users relocking was the majority > 50% until beginning of Feb 2022.
- Highest relocking weekly percentage being 57% in week of Jan 17, 2022
However that has changed with more people withdrawing since the beginning of Feb 2022.

Number of Transactions

Number of relocking transactions was the majority > 50% until beginning of Feb 2022.
- Highest relocking transactions weekly percentage being 58% in week of Jan 17, 2022
However that has changed with more withdrawing transactions since the beginning of Feb 2022.

What could be affecting the decisions ?

One reason could be the recent bear market causing people to withdraw CVX tokens to get liquidity.
Looking at the Amounts locks, that could be another factor, seems like on average higher deposits seems to get re-locked as compared to less average deposit for withdraw.