I think Carol is correct that this has to do with the Little Scraps of Magic referred to on the Daily Blog from time to time. I have not myself done any of these but I think the binder was to hold these samples. In a recent newsletter:
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it was announced that the name would change - it seems we didn't quite get the drift what this was all about - but it seems it has not really been followed up/through. Maybe this will all come clear once the new web-site launches and there will be a tab/button or something to make it easier to find.
HTH
Marianne