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This is the layer colour and alpha channel value (RGBA) which is displayed in used at the absence of any layer contentsstart of the rendering pipeline for the layer. The default is black, transparent. This will only be visible on the canvas for layer types where the content does not necessarily fill the whole layer geometry such as the Composition and Content Bank types.
Template
This section enables the layer to be saved as template, with permissions on which users are able to utilise the template. In the User Groups list, select which groups are able to see the template. Then press the Generate button, the layer will now be available as a template to any user in one of the enabled user groups. The template will be given the same name as the original layer, and will appear in the Templates tab in the Load Content dialog.
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