What is the effect of using the Rate Stretch tool on a clip?

Using the Rate Stretch tool affects the playback speed of a clip while maintaining its overall duration within the timeline. When you utilize this tool, you can stretch or compress the clip, which will result in either a faster or slower playback speed. For example, stretching the clip will elongate the time it takes to play through the footage, thereby slowing it down, while compressing it will speed it up. This is particularly useful for creating slow-motion or time-lapse effects without altering the position of the clip in the timeline. The clip's original content remains intact, but its playback rate is modified, allowing for creative manipulation of the timing of the visuals or audio. Thus, this tool is essential for editors looking to achieve specific pacing without having to adjust the entire clip’s duration.