lasat-kuṇḍalaṁ gokule bhrājamanam
parāmṛṣṭam atyantato drutya gopyā
To the Supreme Lord, whose form is the embodiment of eternal existence, knowledge, and bliss, whose shark-shaped earrings are swinging to and fro, who is beautifully shining in the divine realm of Gokula, who (due to the offense of breaking the pot of yogurt that His mother was churning into butter and then stealing the butter that was kept hanging from a swing) is quickly running from the wooden grinding mortar in fear of mother Yasoda, but who has been caught from behind by her who ran after Him with greater speed–to that Supreme Lord, Sri Damodara, I offer my humble obeisances.
Srila Sanatan Goswami, in his dig darshini tika on the Damodarashtakam, has given a beautiful purport on all these rasa laden shlokas composed by Sri Satyavrata Muni. With the first word of this shloka, Namami, which is like the Mangalacharan, Sri Satyavrata Muni is offering respects to his worshipable Lord Sri Krishna to invoke auspiciousness. Thereafter, with the next word, Ishvara, he is mentioning the object of his devotion and the subject of his these prayers. The nature of the Supreme Lord has then been explained next as Sat-chit-ananda, or eternal, full of knowledge and bliss. There are indeed many incarnations, expansions and manifestations of the Lord, who are Vishnu tattvas and Sat-chit-ananda, however, the fountainhead of all these expansions and the Supreme Lord Sri Krishna is has been referred to as Isvara here by Satyavrata Muni. In the Brahma Samhita also, Lord Brahma says:
ishvarah paramah krishnah
anadir adir govindaha
Krsna who is known as Govinda is the Supreme Godhead. He has an eternal blissful spiritual body. He is the origin of all. He has no other origin and He is the prime cause of all causes.
It is to this Supreme Personality of Godhead that Satyavrata Muni is offering his obeisances. Srila Sanatan Goswami then throws light on how Satyavrata Muni further glorifies the Lord by describing his unparalleled beauty, his holy abode Gokul, his associates such as mother Yashoda, and his transcendental pastimes, which steal the hearts of even the greatest Yogis. He describes how the beautiful shark shaped earrings on the ears of damodar are swinging to and fro, looking exceedingly beautiful. It is undoubtedly true that all the forms of the Lord are very beautiful, but none is as captivating as that of Krishna in Vraja. Sri Shyamsundar, the Supreme Personality of Godhead, is decorated with 64 qualities, while the other Vishnu Murtis are said to have 60 qualities at most. These remaining 4 qualities which are unique to Vrajendranandan Shyam are his Rupa Madhurya, Venu Madhurya, Lila Madhurya, and Prema Madhurya. Thus it can be understood that Baby Krishna, who is wearing just a string of bells around his waist and is otherwise naked, is most enchanting, with his curly locks of hair partially covering his face, and eyes full of fear from his mother.
The same Supreme Lord, who instills fear in the heart of fear personified, is afraid of his mother Yashoda, because of his offense of breaking the pot of Yoghurt that his mother was churning and then stealing butter, and jumped down the grinding mortar and ran away in fear. This is the sweetness of his enchanting lilas. No where else can one have such loving exchanges with the Lord other than in Golok Vrindavan, where the Supreme Lord of the entire Spiritual and Material worlds is just like a puppet in the hands of his devotees. While running away from his mother, he was caught by her from behind, for she was running faster than him. The Lord who is not caught by the greatest mystic Yogis in their meditations, was thus caught by his mother Yashoda.