This can either mean redeeming uL tokens to withdraw your liquidity or redeeming UP tokens in exchange for the base tokens in the redemption value. Both of these actions removes the respective token (either uL or UP) from your wallet.
Redeem
This can either mean redeeming uL tokens to withdraw your liquidity or redeeming UP tokens in exchange for the base tokens in the redemption value. Both of these actions removes the respective token (either uL or UP) from your wallet.