It's the name you want to give to this specific connection. This way you can easily recognize it when you create multiple NWC connections and set different daily limits for each connection / app.
Discussion
I thought you just ment to give it a name....had no idea a string was created. Anyway is not working. Amethyst is always crashing everytime I try to zap someone. Coinos is not working.....also. Internal error.
make sure to set limit as well. you probably did though so I'm not sure the problem.