I am a long-time holder with 12 MPL and also missed the conversion windows. I felt very good about and believed strongly in this project but now feel a bit betrayed. I know we should be more attentive but my life has been hectic with many family problems and to add insult to injury, lose the little money that I have by missing the short window. Can you please help me not lose this money by offering another conversion opportunity? Thank you for considering this request.
we are together on this
I have 215 MPL and I am going through the same. Please reopen
Same over here. I’m not going to decribe what I feel bc then my message gets flagged ![]()
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.
The unclaimed tokens are worth around 40m USD. I would say that’s already enough for legal action.
Hi,
I’m in the exact same situation. I always assumed the conversion would happen automatically, like many other projects in the industry. I just realized it had to be done manually, and now I’m stuck holding Maple tokens.
Please consider finding a solution that allows long-time holders to still support Maple Finance. It would really help maintain trust and engagement within the community.
Hi Axlf,
Thanks for visiting this platform. As you can see and read a lot of people got left behind. So did I. Beware of scammers on this platform, bc they’ll start direct mail you.
Do we have any updates on this?
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.
This community does not appear interested in helping those they cut out. I say, buyer beware to those who might invest in Maple Finance as they do not care about their retail investors. Shameful and I hope a lass action is in their future.
Hi MapleOrly,
I understand you are angry, but anger wont help us. Don’t get me wrong I really can’t understand why the people at Maple finance already haven’t stepped in. But that’s not relevant to this post. It saddens me when I get replies of people from this community saying that we were late and that it is our own fault.. Setting a deadline and after that you lose your funds goes completely against what Maple Finance state on their website.. At the very minimum you give the people the chance to exchange their tokens with a decent profitmargin. If this happened with a trusted financial player he would get sued out of existence..