The Chorded Hotkeys plugin enables users to quickly trigger actions in Obsidian by pressing a combination of keys, much like playing a musical chord. This can include text insertion, template pasting, or command execution without needing modifier keys like Ctrl, Alt, or Shift. Users can easily create their own chords by defining a set of keys and associating them with specific actions. Additionally, the plugin supports multiple chord types, such as text, command, file, and template-based actions. A unique feature is the ability to move the cursor with the use of tags in text chords. This plugin is ideal for users who frequently repeat commands or insert templates, making their workflow faster and more efficient.