Which feature allows you to save presets for future use in Final Cut Pro?

The ability to save presets for future use in Final Cut Pro is encapsulated in the feature known as Effect Presets. This function allows users to create and store customized settings for effects that they frequently utilize within their projects. By saving these presets, editors can efficiently maintain a consistent look or style throughout different projects without needing to manually adjust the parameters every time.

Effect Presets are beneficial for streamlining the editing process, as they provide quick access to commonly used effects with specific configurations. For instance, if you often apply a particular color grading or a specific video transition, creating an Effect Preset lets you apply it with a single click in the future, increasing your productivity and ensuring consistency in your editing workflow.