This is a dual-modulated multi-filter! The cutoff of an LP/BP/HP-filter can be controlled by an LFO and/or a step sequencer. The step sequencer can also control the speed or the modulation amount of the LFO. Both are synced to host. The LFO can also run at audio rates! (manual or by incoming MIDI notes).
And if all this is not enough: both LFO and step sequencer can send their values as MIDI CC messages to control other plugins or synths !