I am reaching out regarding the MPL to SYRUP token conversion process, which I unfortunately missed. I currently hold 114 MPL tokens in my Trust Wallet and was unaware of the April 30, 2025 deadline for the conversion.
To be transparent, I had invested a significant amount of money for a college student into MPL (over $2000 at the time), genuinely believing in the long-term vision of the Maple project. Unfortunately, due to missing the conversion window, my tokens have now lost nearly all of their value and are no longer usable within the Maple ecosystem. I’m really devastated to see that I’ve lost everything, I was in profit, the syrup I should have converted should be worth close to $5,000 by now.
I understand that the conversion period was publicly announced and governed by the community. However, I kindly ask if there is any possibility for an exceptional manual conversion, or if you plan to offer any future recourse for holders like myself who sincerely supported the project but missed the window unintentionally.
I would be extremely grateful for any help, guidance, or consideration you can offer in this matter. Please let me know if there is anything I can do to complete the conversion, even at a reduced rate or with limitations.
Thank you very much for your time, understanding, and for the work you’re doing to push Maple forward.
I’m in the same situation. Please beware if somebody tries to tell you, you can convert manualy. Somebody on another platform tried to trick me, just want to warn you. They’ll drain your wallet. The only way is when the DAO votes to reopen the conversion window or another measure.. Stay safe.
I have the same issue, I have post on X platform and other platforms about this issue many times. The white paper never said we have to be on any social media platforms waiting for news about the project or anything like that. We cant lose our money this way, there is got to be a way form the governance to solve this for investors.
As a long-term holder, I did not have the opportunity to convert my xMPL into SYRUP during the migration window. Like many others, I am not active on social media, and it is difficult to accept that a significant portion of token holders could effectively lose their assets simply because they were unaware of a deadline that was neither legally nor practically necessary to impose.
From a governance and legal standpoint, this raises material concerns. Preventing holders from accessing their tokens is, in effect, a deprivation of property rights. While some investors may never claim their tokens, for those who do — and whose voices are now appearing on this forum, which remains the only official channel of communication — it would be appropriate to ensure that the unclaimed SYRUP tokens held in the strategic fund are made available to the rightful MPL/xMPL holders.
Relying on a DAO vote does not alter the underlying legal and ethical obligations. The fact that a majority decides does not in itself legitimize an outcome that could be construed as unjust enrichment or misappropriation. If this protocol is to succeed, its credibility must rest on respecting property rights and fair treatment of all holders.
The intention here is not to be confrontational, but to highlight a genuine risk. If the protocol grows in value, the losses suffered by disenfranchised holders may well justify legal recourse. Conversely, if the protocol fails, then all parties lose regardless. It would therefore be prudent to address this issue now, by implementing a fair mechanism to allow late conversions, rather than leaving such an exposure unmitigated.
Respecting these principles is not only the ethical path, but also the legally sound one, and ultimately in the best interest of the long-term sustainability of the Maple ecosystem.
why nobody is giving an answer on this issue, may be for many its not that important, but I invested in it a year of my hard earned money, it is not like i live in the USA to make so much money in a year. They need to support this and give answears.
In a better written style you explain exactly what I have been saying. There are quite some like us. I’ve also pointed out that “the institutional investors” need te be able to rely on decisions taken by the DAO can’t be turned back. But institutional investors especially do not want a (tech)supplier who might be a legal risk.. In here lies the weakness of the DAO. Desicions being taken without an ethical nor juridical check. I truly hope this will get resolved, bc I like the idea and team behind Maple.
I’m not implying anything but I’ve read a lot of stories from (mainly) asian people who only got a couple MPL but given what they earn where they come from it is a fortune.. Anyway I hope this gets resolved.. More and more people are coming over to this forum to let their voices be heard. Keep the faith <3
Earlier this year I went through a personal crisis and only recently revisited my portfolio. I wasn’t active on social media or subscribed to any Maple updates, so completely missed the conversion window, as did many others here.
I understand and respect the governance process and the challenges of reopening conversions. At the same time, large scale migrations in DeFi often take longer than expected. For instance, MakerDAO’s SAI to DAI and Binance’s BEP2 to BEP20 both extended across multiple years because conversion happens much slower at scale than anticipated.
I hope the Governance might consider a similar grace or recovery path for holders who missed the window, so that genuine community members aren’t left with unusable tokens despite holding them in good faith.