Sync Mode and Hz Settings in Step Modulator

I have a question that arose while using the newly added Modulators feature, specifically the Step Modulator.


A sixteenth note at 120 BPM is 125 milliseconds, which I believe converts to 8 Hz.
In a project set to 120 BPM, I launched the Step Modulator and set it to sixteenth notes in Sync mode. I wanted to convert this to Hz to make it independent of BPM, but when I set it to 8 Hz, the speed changes completely.

What could be the reason for this?
Are there any errors in my calculations or reasoning?

You are spot on right. That’s a bug.

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