Use Distort to create warps and morphs of clips using spline-based shapes.
To access Distort, use:
Batch, then select a node from the Node bin.
Timeline, then use Batch FX (see Creating Batch FX).
Tools, then select from the menu (See Accessing Tools).
Distort accepts two front clips, two matte clips and one back clip as inputs, and outputs a result and an outmatte.