#uPEG Market Cap $16 million

If using a more vivid analogy, it can be understood as:
1. ERC404: Like "Supermarket points exchange for plush toys"
Rules: You buy things at the supermarket (tokens), and once you reach 100 yuan, the cashier immediately gives you a plush toy (NFT).
Features: If you return the item, causing the total to drop below 100 yuan, the plush toy must be returned and destroyed.
Purpose: To make the plush toy (NFT) as easy to cash out as money, so you can sell the plush toy directly at the counter for cash.
2. UPEG: Like "Vending machine mystery blind box"
Rules: It uses the internal components (Hooks) of Uniswap v4, the "vending machine." Every time you buy a token from it, the machine will generate a unique unicorn picture on the spot based on your coin insertion action, strength, and timing.
Features: The image is drawn live and exists entirely inside the machine (100% on-chain), no need to fetch externally.
Purpose: It’s playing a “new trick,” showcasing how powerful the current trading software (Uniswap v4) is, allowing you to enjoy art collectibles while trading.
Summary:
ERC404 is designed to improve NFT liquidity (making them easier to sell).
UPEG is designed to make the trading process more fun and advanced (demonstrating Uniswap v4’s technology).
Integer = with image: 1 coin, 2 coins, 3 coins… each full coin corresponds to an image.
Splitting = no image: as long as your balance drops to only 0.1, 0.2, 0.3 coins, the image disappears, and you won’t get a “partial” image or a new one.
New integer = new image: only when your balance once again becomes an integer will the random “blind box” generation process be triggered.