MAP Protocol is a network built for moving assets between other chains. Your address starts with 0x and gas is paid in MAPO.
That token used to be called MAP. The rename came with a move to new contracts, one for one, so a holding under the old name is the same holding under the new one.
Cross-chain transfers here leave records on several chains for one movement, which is the other thing worth knowing before you import.
What you get out of the box
Pick your import method.
On MAP Protocol
- Open your wallet and copy your address. It starts with 0x.
- Add the wallets on any chains you moved assets to or from. Each leg of a cross-chain transfer is recorded separately.
On Kryptos
- Go to Kryptos.io and sign up with your Google account.
- From the menu, click Integrations.
- Click Add Integration and search for MAP Protocol.
- Click the MAP Protocol icon, then choose Import using Address.
- Give the wallet a name, paste your address, and click Import Your Transactions.
Good to know
- MAP and MAPO are the same asset. The rename came with new contracts, exchanged one for one.
- Exchanges converted balances on their own schedules, so your exchange records and your wallet records may show different dates.
- A single cross-chain swap can produce three records across three chains.
A rename that reads as a sale
MAP Protocol renamed its token from MAP to MAPO, and moved it to new contracts on the chains where it exists. The swap was one for one and nothing was gained or lost.
The problem is what that looks like from the outside. On chain, tokens left an old contract and an equal number appeared at a new one. Read literally, that is a disposal followed by an acquisition, which would realise every unrealised gain you had on the position in a year when you did nothing but follow instructions.
Read the other way, by treating the new token as arriving from nowhere, it has no cost at all, so the whole holding looks like profit whenever you eventually sell it.
Both are wrong and both are expensive. The correct treatment carries your original purchase price across, because you held the same value in the same asset throughout.
There is an extra complication if you held on an exchange. Exchanges converted customer balances on their own schedules, so your records may show a conversion on a date that has nothing to do with anything you did. It is still the same holding. For how token renames are treated where you file, see the USA crypto tax guide or the UK crypto tax guide.
Manage your Map Protocol portfolio with Kryptos.
Reconciling records that say MAP
Anything labelled MAP is the same asset as MAPO. It is one continuous position, not two.
Tracking a cross-chain swap
One swap leaves a record where it started, one in the middle and one where it landed. That is a single movement, not three trades.
Matching an exchange conversion
Exchanges converted balances on their own dates, which may not match when you moved anything yourself.
Audit-ready, automatically.
Once your wallets and exchanges are connected, generating a tax report takes a single click. Open Reports from the menu, choose your jurisdiction, and download.
The rename was not a disposal
MAP became MAPO one for one, with new contracts. You held the same value before and after, so the original cost carries through and there is nothing to report from the rename.
It will look like a disposal on chain
Moving from an old contract to a new one appears as tokens leaving one place and arriving in another. Read literally that is a sale and a purchase, which would invent a gain that never happened.
One swap, several records
Cross-chain transfers produce a record on each chain involved. Counting each as its own trade multiplies your activity.
Exchange conversions happened on their own dates
If an exchange converted your balance for you, that date will differ from any on-chain migration you did yourself. Both refer to the same holding.
Read-only by design.
- Kryptos only ever needs your public wallet address
- A public address is read-only. It can't move or spend anything
- We never ask for your recovery phrase or private key
- Remove a wallet whenever you like, and its data goes with it
If something doesn't sync.
That is the rename. Same holding, same cost, new name and new contract.
That is the contract migration being read literally. Nothing was disposed of.
Cross-chain movements leave a record on each chain involved. It is one movement of your assets.
Still stuck? Email support@kryptos.io or open live chat from the app.