After you kill a wild Dino, there is a chance to get Element, Black Pearl and for each Dino more specific stuff e.g. for Poison Wyvern +2 additional Poison Talon.
With fishing (ya know for chilling) you will have a chance to get one of the 222 Skins or one of the Emotes to unlock. There is also the chance to get Armor or Guns (Quality between Prim – Asndt) and the chance to get 70 different raw resources.
ConfigOverview
Download first https://beaconapp.cc/ to have a specific look with simulator.