Line an 8-inch x 8-inch baking sheet with parchment paper. Slightly oil the paper with coconut oil. Set aside.
In a microwave-safe glass bowl large enough to fit the puffed cereals, add peanut butter, maple syrup (or honey), and coconut oil.
Microwave in 30-second bursts until the coconut oil is fully melted and easy to stir.
Stir until smooth and well combined.
Stir in the cheerios cereal. Stir well to coat all the cereal with the peanut butter mixture. It should be very sticky.
Press firmly and evenly the sticky cheerios bar batter onto the prepared pan. I used a silicone spatula, so it doesn't stick too much to the tool.
Freeze the bar base while preparing the chocolate shell.
In a small microwave-safe glass bowl, add the chocolate chips and coconut oil.
Microwave in 30-second bursts, stirring between each one, until it's melted and shiny.
Remove the base from the freezer, pour the melted chocolate over it and quickly tilt the pan to spread the melted chocolate evenly on top of the bar.
Freeze again to quickly harden the chocolate layer. It takes 12-15 minutes in the freezer or refrigerate it for a few hours.
When the chocolate is hard, cut the bars into 16 even squares or larger bars if you prefer.
The bars are slightly fragile and crumble a bit when you cut them. That's normal.