Please read the full proposal here: https://forum.alchemix.fi/public/d/282-aip-36-v2-initial-guarded-launch-and-rfc-for-launch-params
A vote "for" authorizes these initial parameters with the expectation that they will be updated with community-selected parameters after the guarded-launch phase is complete.
A vote "against" doesn't authorize these initial parameters for the guarded launch and indicates a desire to find an alternative approach.