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The Woodulator is a delay and pitch shifter inspired by analog bucket brigade delays. It also includes 2 versatile modulators.
Pitch shifting is obtained by increasing or decreasing the clock in the delay line and not by FFT calculations.
Although the standalone app can be used as such, it is mainly intended as the license for the AAX, AU and VST plugins which can then be used by any DAW on all your Macs (as long as the standalone app is downloaded from the Mac App Store on that Mac).