"nio 2 | 4 is a 2 In / 4 Out mobile USB interface for the modern music maker. Nio 2 | 4 features Novation’s unique ‘Direct FX’ technology, placing a powerful multi-effects engine within nio 2 | 4’s custom drivers. These effects rest close to the core of your computer, working independently of other software and providing powerful ultra-low latency effects for hassle-free, real time jamming and recording. This same unique environment ensures rock-solid, lightning-fast performance, making it the ideal interface solution for home recording, live performing and DJ’ing alike; one size fits all. With two headphones outputs, it’s also an ideal solution for the classroom environment.nio 2 | 4’s multi-effects engine includes a selection of the world’s finest guitar amp and distortion pedal effects, as well as filters, delay, chorus and phaser effects derived from Novation’s synth classic, the Supernova II. Finally, nio 2 | 4 features EQ, compression, gating and reverb solutions from signal processing experts, Focusrite."
You can find more info on the Novation Nio site.
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