The voltages seem correct.
Set the harmonic mix and spacing knobs straight up, at the 12:00 position Set the multiplier at the 1:1 position. Set the wave shape to the square wave position. Try it again in this setting.
You refer to the “rate” of the led in your previous post…the word “rate” indicates speed. When you increase the depth knob, are you sure the led is blinking faster and faster, or is the blinking just getting more pronounced? Are you sure the depth knob is altering the rate of the blinking, instead of just the depth? Does the rate knob do anything?
After the depth knob has increased to the point of not being able to decrease (i’m assuming this means that the this knob won’t do anything anymore), what is the voltage at pin 23? I’m curious if it’s stuck at around 5V.
-Brach