With the Toolbelt addon, all your essential tools will be within reach of your hand. By that, I mean that tools will hang on your character’s waist and back. Such an effect will be visible in the third-person mode and only for tools in your hotbar. There is no limit to how many tools can be displayed, but too much could create clutter. Which items go where mostly depends on the size of such, bigger ones, like a shield, will naturally go on the back.
The list of supported items:
- Bow & Arrows
- Pickaxe and other tools
- Totem of Undying
- Throwable items like Egg, Snowball, Fireball
Don’t forget to enable Experimental gameplay features in Settings of your world.