Components and variants are essential concepts in Figma that enable you to create reusable and scalable design elements. Components are self-contained units that can be reused throughout your design, making it easy to maintain consistency and efficiency. Variants, on the other hand, allow you to create different states or variations of a component, such as different button styles or toggle states. By mastering components and variants in Figma, you can create flexible and adaptive designs that adapt to different contexts and user interactions. Dive into Figma's documentation and tutorials to learn how to create and use components and variants effectively, and unlock the full potential of your design system.