There are two kinds of effects on this unit:
1. Insert effect
2. Send effect
The insert effect like the EQ can be set up differently for each
track. They can also be set post-recording so the track on the
hard disk always has an original copy OR they can be set up
pre-recording meaning that the track will be recorded with the
insert effect on the hard disk.
The send effect (effect send, loop effect, etc.) applies to all the tracks. There is a single effect unit in the recorder. The AMOUNT of effect can be applied individually to each track, but the same Hall, Plate or other effect will be used for each. It can be zero if you want a track to be dry.
I hope this answers your question.