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Description
First, it allows to collect information about data types in a response without actual execution (and also get parsed info re input parameters). Second, it allows to don't resend SQL request text each time, just new input parameters.
Documentation: tarantool/doc#1055 and https://www.tarantool.io/en/doc/latest/dev_guide/internals/box_protocol/.
The database API part is here: #176.