I wouldn't mod them or EQ them at all. Any sort of modification can significantly affect things like transparency and sound stage, which are things that the K712 excels at.
I'd say they have plenty of bass for me. It shouldn't bother you unless you're a basshead or something, but even then, maybe you should appreciate quality bass as opposed to just raw quantity sloppy bass. The K550 (closed pair, which I also own) has quite a bit more bass but honestly I don't mind the roll-off on the K712 (you can still get an impressive amount of sub bass out of them for an open back). They have enough bass for bass heavy genres like trap or drum and bass and where they lack a little in bass they make up for it in detail and sound stage.
I'd say they have plenty of bass for me. It shouldn't bother you unless you're a basshead or something, but even then, maybe you should appreciate quality bass as opposed to just raw quantity sloppy bass. The K550 (closed pair, which I also own) has quite a bit more bass but honestly I don't mind the roll-off on the K712 (you can still get an impressive amount of sub bass out of them for an open back). They have enough bass for bass heavy genres like trap or drum and bass and where they lack a little in bass they make up for it in detail and sound stage.