Great questions @rckstflbn!
Wix Studio is a new platform designed specifically for agencies and freelancers that helps them build fully responsive sites more efficiently and at scale.
It’s a separate platform from the Wix Editor. Editor X will be transitioning into Studio in a few months, and you can read more details here.
In short, Studio provides the solutions needed for agencies and freelancers, like responsive design out of the box, no-code animations, CSS editing, a workspace solution to efficiently manage sites and much more. You can read all the details about what Wix Studio offers here - https://www.wix.com/studio. The Top Features page is also a great place to take a look at all the features available - https://www.wix.com/studio/features