For standard templates with varying numbers of Participants, there's no need to create several versions of the same document.
Instead, create one version with the maximum number of Participants, then use the ‘Skip Participant’ button on the Recipients page to exclude them (see below).
The skipped Participant’s fields will not be viewable on the signing page or the final document.
This feature can be used for Signers, Approvers, or Witnesses.