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So this means it even if there is a frame rate drop - the fade time will limited to the time that has been implemented? 

I think so, if i understood you correctly.

Here is a link with more info, is for Consturct 2 tho.

https://www.scirra.com/tutorials/67/delta-time-e-independencia-de-tasa-de-fotogr...

suweet sauce code! Thanks - this is very insightful