# FAssets Cycle
> An overview of the FAssets cycle with the use of Flare Smart Accounts.
> For the complete documentation index, see [llms.txt](/llms.txt). Markdown versions of documentation pages are available by appending `.md` to the page URL.
Source: https://dev.flare.network/smart-accounts/guides/cli/fassets-cycle
In this guide, we will walk you through all aspects of the [FAssets](/fassets/overview) process. We will start with an account on XRPL, convert some of the XRP to FXRP on Flare, deposit it into an Upshift-type vault, redeem it from the vault, and then redeem FXRP back to XRP. The steps we will take will be as follows:
1. **mint and deposit:** convert XRP to FXRP and deposit it to an Upshift-type vault
2. **request redeem:** start the withdrawal process of the deposited FXRP the Upshift-type vault
3. **claim:** finish the withdrawal process of FXRP from the Upshift-type vault
4. **redeem:** convert FXRP back to XRP
We will do all of that through the [Flare Smart Accounts CLI](/smart-accounts/guides/cli/introduction). The CLI allows us to make XRPL transactions through terminal commands.
note
The idea behind the Flare Smart Accounts is that we perform actions on the Flare chain through instructions sent on XRPL.
The same process can be repeated for a Firelight-type vault, but in this guide, we will only focus on an Upshift-type vault.
## Mint and deposit[](#mint-and-deposit "Direct link to Mint and deposit")
First, we mint FXRP by reserving the necessary collateral and then sending XRP to the agent's underlying address. We will mint `1` lot of FXRP, with the agent at the address whose vault has the ID `1`. Then, we deposit `10` FXRP into the Upshift-type vault, registered with the `MasterAccountController` with the ID `2`.
The CLI command that does this is:
```
./smart_accounts.py encode upshift-cr-deposit --wallet-id 0 --value 1 --agent-vault-id 1 --vault-id 2 \ | ./smart_accounts.py bridge instruction - \ | ./smart_accounts.py bridge mint-tx --wait -
```
Expected output
Expected output
```
sent bridge instruction transaction: 77539CDED3BD58E151CD0000EEC611A43A5539620B7CE4198BB3D63B031E9818sent mint tx: 3C65E10D609AB3CC1DBD03C96E401704123C0630D8AE5622B651A1E0159C1D383C65E10D609AB3CC1DBD03C96E401704123C0630D8AE5622B651A1E0159C1D38
```
The CLI sends both the Upshift collateral reservation and deposit instruction, and the `Payment` transaction to the agent's underlying address.
We could perform the minting and deposit steps separately. To do so, we would do so with the following commands. But that would take an additional transaction and twice as long, so it is recommended that we avoid it unless we have a very specific reason why the first command is not suitable.
```
./smart_accounts.py encode fxrp-cr --wallet-id 0 --value 1 --agent-vault-id 1 \ | ./smart_accounts.py bridge instruction - \ | ./smart_accounts.py bridge mint-tx --wait -
```
The first command reserves `1` lot of collateral with the agent's vault with ID `1`, and makes a mint payment to its address.
```
./smart_accounts.py encode upshift-deposit --wallet-id 0 --value 10 --vault-id 2 \ | ./smart_accounts.py bridge instruction -
```
The second command deposits `10` FXRP into an Upshift-type vault registered with the ID `2`.
Expected outputs
Expected outputs
Mint:
```
sent bridge instruction transaction: 75FB3ED006417FC1537432DA2D7180BD5BED93F23B988F77E32ED0804CD1A332sent mint tx: 4BF8F3B32E234335F9EC6FE503E33B9EDF4E3E37D1E952DF28D260AC909609F14BF8F3B32E234335F9EC6FE503E33B9EDF4E3E37D1E952DF28D260AC909609F1
```
Deposit:
```
sent bridge instruction transaction: 404EE0470152513277B10E5ADB6388175010634CDAF1815979ED418CDBAD0C45404EE0470152513277B10E5ADB6388175010634CDAF1815979ED418CDBAD0C45
```
## Request redeem[](#request-redeem "Direct link to Request redeem")
We withdraw the same number of FXRP tokens that we have just deposited from the vault (`10`). The same flow applies to both Upshift-type and Firelight-type vaults. The process involves two steps. Before we can withdraw the tokens, we need to request their withdrawal. In a production build, the tokens stay locked for a specified time.
The CLI first sends the `withdraw` instruction, and afterwards, the `claimWithdraw`. The first instruction starts the withdrawal process, and the second claims the FXRP once it is released.
To request the withdrawal of `10` FXRP from the Upshift-type vault with ID `2`, we use the command:
```
./smart_accounts.py encode upshift-request-redeem --wallet-id 0 --value 10 --vault-id 2 \ | ./smart_accounts.py bridge instruction -
```
Expected output
Expected output
```
sent bridge instruction transaction: 33B08253AE3907A8CE07EA3F5C9BE91EBCC6089339725A8BCFF371ED86F2623833B08253AE3907A8CE07EA3F5C9BE91EBCC6089339725A8BCFF371ED86F26238
```
## Claim[](#claim "Direct link to Claim")
After the waiting period has passed, we can claim the FXRP we requested. This is the second step of the withdrawal process. We need to specify the date when the redemption request was put in. We made the request on 28 Dec 2025, so the value parameter should be `20251228`. But in general, the value should be `YYYYMMDD`, where `YYYY` is the year, `MM` the month, and `DD` the date.
To complete the withdrawal from the Upshift-type vault with ID `2`, we use the command:
```
./smart_accounts.py encode upshift-claim --wallet-id 0 --value 20251228 --vault-id 2 \ | ./smart_accounts.py bridge instruction -
```
Expected output
Expected output
```
sent bridge instruction transaction: 8D81F5A2625A927A6759646806BC8217147523F069899A4A2586562D6E0F105E8D81F5A2625A927A6759646806BC8217147523F069899A4A2586562D6E0F105E
```
## Redeem[](#redeem "Direct link to Redeem")
The last step is to convert FXRP back to XRP. We will redeem the `1` lot of FXRP we minted in the first step back to XRP. We will invoke the CLI with the following command:
```
./smart_accounts.py encode fxrp-redeem --wallet-id 0 --value 1 \ | ./smart_accounts.py bridge instruction -
```
Expected output
Expected output
```
sent bridge instruction transaction: FE9D00397D8F11364C6E2792D62F801AA8BEF3499EB5068B624CAD1477ED7721FE9D00397D8F11364C6E2792D62F801AA8BEF3499EB5068B624CAD1477ED7721
```