Describe the proposal

packages/ui/src/proposals/model/proposalDescriptions.ts

@@ -37,7 +37,7 @@ export const proposalDescriptions: ProposalDescriptions = {
     'Proposal to submit the Channel Incentives Payout payload, update the min/max claimable amounts and block/allow claiming of awarded JOYs by channels.',
   runtimeUpgrade: 'Proposal to upgrade version to the new runtime.',
   updatePalletFrozenStatus: 'Enabling and disabling various features on the blockchain level.',
-  setEraPayoutDampingFactor: 'TODO',
+  setEraPayoutDampingFactor: 'Apply a multiplier to the validator rewards to reduce or increase them.',
   createBlogPost: 'Council blog',
   editBlogPost: 'Unlocked blog post can be edited.',
   lockBlogPost: 'When a post is locked it can no longer be modified.',