Native Instruments MASCHINE MK3 Manual page 721

The Lofi in the Control area.
Parameter
RESAMPLE Section
SR
BITCRUSH Section
Bits
Smooth
Stereo
OUTPUT Section
Mix
The Lofi on the controller.
Description
SR stands for Sample Rate and ranges from CD-quality
(44.1 kHz) to 99.5 Hz which results in a hissy crackle.
Introduces a distortion based on bit reduction.
Reduces the aliasing introduced by the Lofi effect.
Widens the stereo field of the effect.
Mix lets you adjust the amount of the effect in relation to the
dry original audio signal.
Effect Reference
Distortion Effects
MASCHINE - Manual - 721