What is the default value for in the admin panel -> listing fields -> Default Value? I am working on translations and I wanted to know what that translates, (what is the actual text does that translate)? Is that the text inside the field box?
Update: It's the default text for the input. As a suggestion, that would be great if you can update the default text so that it is placeholder text -- in that it will disappear when you click into the input box instead of having to manually delete it first.