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App instance parameters

The App Framework supposedly can do everything a UI Extension can, and more, but it is not clear to me if an App applied to a field can leverage instance parameters in order to create a form on the field it is applied to.

UI extensions are low-level building blocks for extending the editing interface (the Contentful web app). An app can do everything a UI extension can do and more

https://www.contentful.com/developers/docs/extensibility/app-framework/faq/

It was my understanding that UI Extensions could provide some config to enable settings in the highlighted space in the second image, are Apps capable of doing this as well?