The L-1 is a three individual soft knee limiter module in Eurorack format. An all analog unit.
It can be used for audio signal manipulation or as a utility module for control voltages. The three channels can be AC or DC coupled.
It can be used for normal limiting/compression but also for creative wave shaping.

The soft knee of the limiter is actually 8 consecutive soft knees for each channel starting at -6dB compared to 5V and spread evenly up to 5V.
The limiter will brick wall limit to +/- 5V both in AC and DC mode.

In other words it will gradually increase the compression from +8dB and brick wall limit at +14dB.