iTerm2 allows you to divide a tab into many rectangular "panes", each of which is a different terminal session. The shortcuts cmd-d and cmd-shift-d divide an existing session vertically or horizontally, respectively. You can navigate among split panes with cmd-opt-arrow or cmd-[ and cmd-].
iTerm Transparency Toggle 💻 Once enabled, you can toggle transparency on and off with CMD + u .
Clicking on any of the color wells opens a color picker that lets you change the setting for the selected color. iTerm2 has a custom color picker. If you don't like it you can revert to the system color picker by clicking the rectangular icon to the right of the eyedropper.
The primary use of the mouse in iTerm2 is to select text, and (by default) text is copied to the clipboard immediately upon being selected. You can click and drag to perform a normal selection. Double-clicking selects a whole word. Triple-clicking selects an entire line.
Found the answer on this blog but I'll repeat it here for the sake of preservation.
Preferences → Appearance → Dimming → Dimming amount
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