Hi @leonardoprates
FLASH_RST is used to sync the external flash to the 1-1-1 mode. after the MCU is reset.
As if you set the octal flash to the 8-8-8 OPT mode, just the MCU reset, not the POR, the MCU will use the 1-1-1 mode to read the external flash, and that flash is on the 8-8-8 OPT mode, then the read will have issues. So, use the FLASH_RST can sync the MCU.
If you check the flashloader chip, it will also use the GPIO to reset it. You can solder the R378 to use the Flash_RST to reset the octal flash.
More details, you also can check my community post:
https://community.nxp.com/t5/i-MX-RT-Knowledge-Base/RT1170-Octal-flash-enablement/ta-p/1498369
Wish it helps you!
Best Regards,
kerry