A snare made using only noise. The noise represents the rattling of the snare wires on a physical snare.
The VCF output is multed to VCA-A and the LPF. The path going through the LPF and wave folder has a shorter attack and darker sound. This creates a pitch sweep simulating the snares and snare heads vibrating ending at different times.
Try changing the filter to LP2, BP2, and HP4.