 
By using the eco of motion, Blue Eco, Jak can slow down time (or just be moving at extreme speeds)to traverse fast-moving platforms and gives him an advantage over enemies that move very quickly. The fact that Jak is moving very fast or everything is moving very slow is irrelevant, but it could be assumed that the power causes Jak to move at fast speeds due to the fact that Blue Eco speeds the hero in TPL.
This power is very similar if not almost the same as the Light Jak power Flash Freeze, which might be derived from this move.