Skin constraints can only be used together with SkinnedMeshRenderers. They're used by skinned cloth and bones. Their goal is to prevent particles from deviating too much from their skinned position, and give fine control over how animation and simulation blend together when using skinned meshes.
Most skin constraint parameters are defined per-particle, that is, skin constraints have no global properties exposed in the actor inspector. Instead, you can edit per-particle skin parameters in the cloth blueprint editor.
Imagine a sphere centered at each particle´s skinned position (the grey dot in the above image), which is the only area where the particle can move freely (shown as the semi-transparent orange circle). This parameter controls the radius of that sphere, expressed in world space units. A skin radius of 0 will cause particles to be 100% skinned, no simulation will take place. Higher values will throw more simulation into the mix. This allows the simulated surface (shown as a pink line) to deviate more from the skinned surface (shown as a gray line).
This parameter (shown in green) controls how much particles are allowed to penetrate the surface of the skinned mesh in the normal direction. Positive values will allow particles to sink in the mesh, negative values will force particles to keep some space away from the surface.
This parameter (shown in blue) controls the radius of the collision sphere that keeps particles from penetrating the skinned mesh. Together with backstop, it allows you to control how the particle skin area should be restricted to simulate collision with the skinned surface.
As you can see, low radius forces particles to closely follow the skinned mesh, and the shirt looks skintight. High backstop forces the character's shirt to constantly keep a high distance from its skin, as if it was inflated. Low backstop and high radius allows particles to separate from the character's skin following the simulation, but keeps them from penetrating it. This results in realistic simulation of a loose shirt.
Defines skin resistance, similar to other constraint type's compliance. A value of 0 will try to achieve complete skiffness, whether or not it is reached depends on the simulation budget (timestep size and amount of skin constraint iterations).