In earlier version it was easy and quick to create set of variants, based on a component instance.
- Create source component “Thing (Master)”
- Make instance from the component
- Select that instance, and create variant component from the instance e.g. “Thing (Variants)”
- Then just add the variants by clicking “New variant” as you please
If you preferred the flow described above in earlier version, have you discovered a painless way to replicate this in current version of Figma?