Modifiers
Your tools, armor, and accessories (if curios is installed, Forge only) receive unique random modifiers that provide the player with additional bonuses. These properties activate when the item is first equipped or held.
If the modifier characteristics don't suit you, they can be changed using the standard crafting table. This requires the corresponding repair material for the item. Currently, items that don't have repair materials cannot be reassigned, but this feature is under development and will be available in future versions.