UXUY is an exchange, and Taproot assets were launched by Lightning Labs. The two are not the same entity.
https://uxuy.com 

 Taproot Assets (formerly Taro) is a new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the Lightning Network for instant, high volume, low fee transactions. At its core, Taproot Assets taps into the security and stability of the bitcoin network.
in summary
1)Taproot Allows assets to be issued on the bitcoin blockchain
2)Leverages taproot for privacy and scalabililty.
3)Assets can be deposited into Lightning channels
4)Assets can be transferred. 

 $TAPROOT is a Taproot ecological incentive token initiated by UXUY. It is not a platform token of UXUY. 

 authentic news. Taproot Assets (formerly Taro) is a new Taproot-powered protocol for issuing assets on the bitcoin blockchain that can be transferred over the Lightning Network for instant, high volume, low fee transactions. At its core, Taproot Assets taps into the security and stability of the bitcoin network and the speed, scalability, and low fees of Lightning. 

 This is a scam. It doesn't even say how an affinity scam shit-token can help the usage of the Taproot Assets protocol (because it can't, it is just for enriching the creators). 

 Yeah I smell BS lol 

 $TAPROOT is a Taproot ecological incentive token initiated by UXUY. It is not a platform token of UXUY. $TAPROOT was issued to encourage more people to trade and hold Taproot Assets.
The Taproot Assets Protocol allows builders to mint, send, and receive assets on the bitcoin blockchain.
However Taproot is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase Taproot from other traders through Over-the-Counter (OTC) trading, with associated risk.