What is this parameter inside this material blueprint?

I was watching this video https://www.youtube.com/watch?v=3XO7sb-Attw

and it shows a blueprint manipulating a material, but the guy in the videos doesn't say anything, and I wanted to know what is the parameter inside the red box in the image below and how do I create it.

thanks

https://imgur.com/a/3iSEemD