Request to Reopen MPL → SYRUP Conversion for Missed Long-Term Holders

[mexelsuper]

I understand that the official conversion process has ended and that there are governance constraints in place. However, I would like to respectfully point out that Maple Protocol already had full visibility over MPL holders’ wallet addresses during the snapshot periods.

Technically, an automatic or default opt-in migration path could have been implemented—especially for long-term holders who were inactive, but not negligent or malicious.

In my view, this was a missed opportunity by the protocol to protect loyal users and ensure an inclusive and fair transition. I sincerely hope that the community and team will acknowledge this oversight and consider a path forward to resolve the issue for a small group of affected users.

Thank you again for your attention and understanding.

[Abington.price]

Let’s be clear — Maple isn’t a babysitter.
The protocol had a clearly posted deadline, complete with reminders, forum alerts, and conversion guides.

What you’re proposing now isn’t a fix. It’s a reversal of accountability.

Every user had the same visibility. Some acted. Some didn’t. That’s not a protocol failure — it’s a market reality.

And the timing? Convenient. Calls for ‘fairness’ didn’t come during the low — they come now, right as price begins to recover. That’s not compassion. That’s coordinated exit prep.

Reopening the window for a handful of “inactive” users risks damaging trust from everyone who followed the rules.

Missed it? That’s unfortunate. But it’s not a governance flaw.

This forum is for decisions — not do-overs.

Let’s stop pretending this is about fairness.

This is about greed, dressed up as empathy.
Some of the same voices now crying for a second chance were present during MIP-017 — commenting, engaging, some even voting. They had time. They had access. They chose inaction.

Now, with price climbing, they want the clock reset — not because the process was flawed, but because their personal outcome wasn’t favorable.

This isn’t governance.

This is revisionism — coordinated, timed, and crafted to look grassroots when it’s really just post-failure opportunism.

If Maple reopens passed proposals because a few missed out, then every vote is conditional, every deadline is optional, and protocol integrity dies.

Reversals don’t build trust — they destroy precedent.

Let me be blunt:

No one blocked you.

No one confused you.

You were late — and now you want the system to bend around your delay.

That’s not how serious DeFi works.

That’s how games work.

You want to play? Go to Discord.

We’re building capital markets here.

[odler52]

Coordination?

No -just long-term investors, often acting alone, who realized too late the migration. 6 months that’s maybe an eternity for a trader but that’s a little time for a long-term investor believing in the project.

[deezy]

I too am a long term holder of MPL. I accumulated them two years ago and haven’t touched them ever since. Given that most of us hold many coins, it’s impossible to keep up to date with all of the projects’ developments and introducing a hard deadline is extremely unfair towards those folks who have been holding MPL for years.

I urge you to consider reopening the transfer for those long term holders until all liquidity has been transferred from MPL to SYRUP. Otherwise, this won’t be the last thread to ask for an extension.

An extension was already granted shortly after the deadline, the precedent is here and given there’s still significant liquidity locked up within MPL, this will happen again. Please do the right thing and allow everyone to migrate.

As an alternative, you could also airdrop SYRUP tokens and shut down MPL altogether.

[Abington.price]

Kirkeeman, you were present in the same discussion thread where ZooTV clearly explained that the conversion contract no longer holds any SYRUP. Despite that, you chose to ignore the post and repeated a talking point that’s no longer valid, disregarding what is now on-chain reality.

As ZooTV stated:

“The conversion contract no longer holds any SYRUP. The most recent proposal was intentionally structured to drain it completely through the SSF. So even if the contract were reopened, there would be no SYRUP available to convert.”

This isn’t theoretical. This is executed, verified, and immutable.

Reopening the contract now would require minting new SYRUP — something that was never authorized by governance and was not included in any proposal. Doing so would not only violate finality, it would establish a dangerous precedent: that passed and executed governance can be reversed based on post-facto sentiment.

The conversion window was:
• Open for months,
• Communicated repeatedly,
• And concluded through legitimate governance.

This is not about emotion. It’s about protecting the credibility and finality of the system long-term participants and institutional partners rely on.

There is no SYRUP in the contract.
The SSF is live.
The matter is closed.

[acer]

Hi,
I understand that the conversion windows have closed; however, I believe it’s important to consider that many users especially those using hardware wallets such as Ledger, Tangem, and similar were effectively left out of the process. These users often rely on wallet interfaces that did not clearly communicate or support the conversion process.

From what I’ve read on several forums, I’m far from alone there appear to be thousands of people in the same situation.

Reopening the conversion window, even for a limited period, would be a fair and responsible step toward ensuring all legitimate MPL holders have a chance to participate. At the very least, the governance should take this situation into account.

Thank you for your consideration, and I hope this feedback can be passed along to the community and governance.

Thank you

Best regards,

[Swing]

I’m curious to see whether any team members/DAO will provide a meaningful response on this topic, including their perspectives, approaches, and arguments

[Solidanchor]

I was aware of the re-opened conversion window, but my 300+ MPL were on Coinbase. Though Coinbase showed (and still does) that I held/hold MPL on my account, it would not, and will not, allow me to transfer those tokens to Coinbase wallet (nor anywhere else), so I could then send them to the conversion site. They are locked up, and I cannot access them. I coudn’t sell or convert them, either.

[dbuhl]

Hello Maple Community

I purchased about 20 MPL tokens in March 2022. I put them in a wallet and planned on holding.
I never saw any communication indicating that I had to convert them or lose them.
Please at a minimum allow us to convert or sell these tokens.
I did not realize that passive investment was de facto not allowed
Thank you.
Dave Buhl

[gaspross]

We all agree on this… they should do something about that…

[jfcs]

imagine for a second it happened to you

[jfcs]

I dont open tweter or fb daily, i dont even have an account on this platforms. i just put it in my wallet for long term investment as any long term investor does, and i never got a notification from my wallet about it.

[jfcs]

Dear Maple Finance Team,

I am writing to propose, for the third and final time, the reopening of the migration window for converting Maple tokens to Syrup. Our community has held these tokens long-term with full conviction in the Maple Finance project. However, we, along with several other token holders we’ve spoken to, have been unable to complete the migration due to unforeseen challenges.

We trusted Maple Finance and remain committed to its vision. Reopening the migration window one last time would provide loyal supporters the opportunity to secure their investments. We cannot afford to lose our tokens due to missed deadlines, and we believe this final gesture would demonstrate Maple Finance’s commitment to its community.

Thank you for considering this proposal. We look forward to your response and hope for a resolution that supports all dedicated token holders.

Sincerely,
fabian campoverde

[Swing]

Same did I! The original tokens are still on my cold wallet…

[Abington.price]

I appreciate the thoughtful tone and intent to find a balanced solution. However, introducing an exception-based process—even one involving manual verification—opens the door to governance drift.

The original conversion period lasted six months, followed by a second extension. That’s already more than most protocols offer, and it reflects Maple’s commitment to fairness. But fairness must also include finality.

If we start validating signed forms retroactively, we shift from governance through code to governance through negotiation—and that sets a dangerous precedent. It creates uncertainty not just for latecomers, but for those who followed the rules and trusted that the protocol would hold the line.

The flagged post by Kishore underscores this point. The community has already spoken. It’s time we honor that signal.

I also have serious concerns about the implications of this proposal. Asking users to submit signed forms and wallet addresses sets a precedent that undermines the trustless, decentralized foundation Maple is built on. It introduces bureaucracy where there should be finality, and exposes wallet data that was never meant to be tied to identity or off-chain systems.

Maple governance worked exactly as intended: a clear process, generous timelines, and open communication. If someone missed both opportunities—especially while keeping assets in cold storage—that responsibility belongs to them, not to the protocol, and certainly not to the community.

Reintroducing manual exceptions only weakens protocol credibility, invites potential exploitation, and risks the very thing we’re trying to protect: the long-term integrity of SYRUP. No more reopenings. No paperwork. No identity-based appeals.

We followed the code. Now it’s time to move forward.

[jfcs]

Hello,
has there been any response to this request? Please let us know anything.

[Bwoudenberg]

I’d like to know as well as I have 234 Maple tokens. Just discovered this outrageous mess. I had RNDR on Coinbase and it was auto ported. Why would Maple/Syrup not be done the same? I never heard about this or any requirement that I would have to manually convert.

[Shillfinger]

Hi there B, those are most things I hear that happened. Or tokens on Coinbase or tokens in a Cold Wallet or software wallet like me..

[Swing]

@Abington.price

We followed the code.

If principles like “we follow the code” or “code is law” are genuinely upheld, then there should have been an automatic conversion mechanism, an auto-merge process, or at the very least, a permanently open window on the bridge protocol—allowing users who own asset (bought by their money) to act at their own convenience. Some participants may have been ill, without internet access, or otherwise unable to access their wallets, or simply unaware of or not monitoring protocol-related updates.

As it stands, the situation gives the impression of impropriety—as though the assets were effectively privatized by the DAO.

[MapleOrly]

I agree - The rollout and decision to only permit conversions for 6 months did not have the best interest of passive investors in mind. It feels the goal was to cut people out - not a good practice for a project wishing to secure good will and the commitment of future investors.