The Rebbe teaches that the soul's essence (Tziyon) is redeemed through Torah, while its faculties (Shaveha) are redeemed through mitzvos, especially tzedakah. Complete redemption, both personal and collective, is achieved through Torah, mitzvos, and tefillah, transforming exile into ultimate joy.
https://www.torahrecordings.com/mamorimmelukotim/004/014