To create vector text effects, you need to have a text object that you want to modify. You can type your own text using the text tool, or import a font or a logo from another source. Then, you can use the properties panel, the appearance panel, the effects menu, or the tools panel to apply different effects such as 3D, warp, gradient, stroke and shadow. For example, you can give your text a 3D look by using the 3D effect or the extrude and bevel effect. You can also warp your text to create curved, twisted, or distorted shapes with the warp effect or the envelope distort effect. Additionally, you can fill your text with a gradient to create smooth transitions between colors and add a stroke to your text to create outlines, borders, or patterns. Lastly, you can add a shadow to your text to create depth, contrast, or glow effects. The layers panel can help organize and group your text and effects.