it provides extra space for co2 to expand before it enters your marker, causing less spikes in velocity because it's more difficult to get liquid co2 in your marker.
If you get liquid CO2 in your gun, and it all of a sudden turns into a gas, your velocity will "spike" since all that liquid CO2 changed into a gas, causing higher velocities.
if liquid co2 enteres your marker it will expand and spike the velocity higher than it should normalyl fire. Teh idea is that co2 is supposed to expand inside the tank, it doesnt always and that's why they make the expansion chambers