In episode 176 of the iPad Pros podcast Chance Miller mentioned that when he’s using the iPad he misses TextExpander where he stores long text templates. While it’s possible to save text snippet shortcuts on the iPad they don’t retain line breaks. So any lengthy template of text will just result in a large block of text.
But there’s an easy work around: Shortcuts. Just set up a simple Shortcut for each text template you regularly use. While it can’t be formatted with rich text it will keep line breaks. And if you use Markdown you can, of course, add all of that for the formatting.
It’s just a two step Shortcut: Text > Copy Text to Clipboard. Give it a name you’ll remember, then use Siri to run it. With Siri’s new one word activation it’s quite fast to get your needed text then just paste. Or Command+Space and run from Spotlight then paste.
Not as easy as TextExpander but still pretty easy/fast.