docs(user-bot): enhance redemption status documentation (#565)

Author: dineshpinto

docs/fassets/reference/user-bot.mdx

@@ -155,12 +155,24 @@ Additionally the custom flag can be specified:
 
 ### Redemption Status
 
-The `redemptionStatus` function provides information about the current state of a redemption request in the FAsset system.
+The `redemptionStatus` function provides information about the current state of a redemption request in the FAsset system. It lists all open redemptions and their statuses.
+
+Status can be one of the following:
+
+- `PENDING`
+- `SUCCESS`
+- `DEFAULT`
+- `EXPIRED`
 
 ```bash
 yarn user-bot redemptionStatus
 ```
 
+Additionally, the custom flag can be specified:
+
+- **`--request-id <requestId>`**  
+  Specifies the request ID of the redemption.
+
 ### Update Redemptions
 
 The `updateRedemptions` function updates the status of one or more open redemption requests. It ensures that these requests are processed efficiently and appropriately addresses any unresolved or overdue requests. This function is essential for automating the entire redemption lifecycle.