Windows - Steam, SteamCMD
steamapps/common/PalServer/Pal/Saved/Config/WindowsServer/PalWorldSettings.ini

Linux - SteamCMD
Pal/Saved/Config/LinuxServer/PalWorldSettings.ini

Default setting
Default settings are located in steamapps/common/PalServer/DefaultPalWorldSettings.ini

This is the list of actual settings for this file:

Difficulty Difficulty
DayTimeSpeedRate Day time speed
NightTimeSpeedRate Night time speed
ExpRate EXP rate
PalCaptureRate Pal capture rate
PalSpawnNumRate Pal appearance rate
PalDamageRateAttack Damage from pals multipiler
PalDamageRateDefense Damage to pals multipiler
PlayerDamageRateAttack Damage from player multipiler
PlayerDamageRateDefense Damage to player multipiler
PlayerStomachDecreaceRate Player hunger depletion rate
PlayerStaminaDecreaceRate Player stamina reduction rate
PlayerAutoHPRegeneRate Player auto HP regeneration rate
PlayerAutoHpRegeneRateInSleep Player sleep HP regeneration rate
PalStomachDecreaceRate Pal hunger depletion rate
PalStaminaDecreaceRate Pal stamina reduction rate
PalAutoHPRegeneRate Pal auto HP regeneration rate
PalAutoHpRegeneRateInSleep Pal sleep health regeneration rate (in Palbox)
BuildObjectDamageRate Damage to structure multipiler
BuildObjectDeteriorationDamageRate Structure determination rate
CollectionDropRate Gatherable items multipiler
CollectionObjectHpRate Gatherable objects HP multipiler
CollectionObjectRespawnSpeedRate Gatherable objects respawn interval
EnemyDropItemRate Dropped Items Multipiler
DeathPenalty None : No lost / Item : Lost item without equipment / ItemAndEquipment : Lost item and equipment / All : Lost All item, equipment, pal in inventory)
GuildPlayerMaxNum Max player of Guild
PalEggDefaultHatchingTime Time(h) to incubate massive egg
ServerPlayerMaxNum Maximum number of people who can join the server
ServerName Server name
ServerDescription Server description
AdminPassword AdminPassword
ServerPassword Set the server password.
PublicPort Public port number
PublicIP Public IP
RCONEnabled Enable RCON
RCONPort Port number for RCON
EpicApp