What does the swatches panel allow you to manage within your project?

The swatches panel in Adobe Animate is specifically designed to help manage colors and gradients within your project. It provides a convenient way to apply consistent colors across various elements, ensuring a cohesive look throughout your animation. The panel allows users to create, save, and reuse color swatches, which can streamline the workflow by reducing the time spent on selecting colors manually.

Colors can be selected for fills, strokes, and gradients, and users can easily modify these swatches as needed. This is especially useful in projects that require multiple elements to maintain a uniform color scheme or when trying out different color combinations. The swatches panel enhances efficiency and visual consistency, making it an essential tool for managing color-related aspects of an animation project.

The other options focus on aspects of animation creation that do not pertain to the swatches panel's primary functions, such as character rigging, audio management, or text formatting, which are handled through other tools and panels within the software.