Settings

Cyberpunk 2077
Show File Preview
Enables interactive Quick Previews within the Properties panel. Toggle off for improved performance when navigating the Asset Browser and Project Explorer.
Game Executable (.exe) Path
The Game Executable (.exe) Path is the location of the Cyberpunk2077.exe file. The .exe can be located by finding the Cyberpunk installation and navigating to the Cyberpunk 2077\bin\x64\ folder. The path can be set by manually entering a file path, or using the folder icon to browse system files for the preferred Cyberpunk directory. As a reminder, if Cyberpunk is installed within Program Files we recommend running WolvenKit as administrator.
Depot Path
The Depot Path is a WolvenKit system folder for caching game assets. WolvenKit can optionally unbundle all Cyberpunk archives to this directory. Additionally this folder is used as a cache for mesh exports with materials. WolvenKit builds a repository of visual assets within the Depot for usage with external applications such as Blender. Learn more about the Material exports here.

The Depot Path is set by default to .../User/AppData/Roaming/REDModding/WolvenKit/MaterialDepot, however any custom folder can be substituted. The Depot can be in excess of 30 gigabytes with materials, so we recommend a destination with ample free disk space. 
File Editor
Group Large Collections
Toggles limited collections for improved performance within the File Editor when working when navigating large files.
Group Size
Adjusts the amount of elements of in a limited collection within the File Editor.
General
Show Guided Tour
UNKNOWN FUNCTIONALITY
This toggle may not work in the latest WolvenKit build.
Update Channel
The update channel determines which type WolvenKit updates are received.
Stable    WolvenKit will only show prompts when new releases are published (recommended)
Nightly    WolvenKit will show the latest development builds which may be unstable
Theme Accent
Changes the accent color of UI elements throughout WolvenKit.