v0.9999 is now available with an option to switch between Timebase: Beats and Timebase: Time. In Timebase: Beats, the LFO is synced to beats and tempo.
I think the LFO Tool is almost ready to be released as a fully-fledged, full-featured v1.0, so please let me know if there are any bugs that need to be sorted out.
(I would have liked to include a Bézier curve option in v1.0 of the MIDI editor version, but I guess that can wait till a later release.)
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