Another reason for using 1 volt as a reference is that it offers
sufficient accuracy to control oscillators via potentiometers and
keyboards, while keeping the voltage low enough that a range of 4–5
octaves does not require something like 20 volts.
For gate and trigger signals, an informal standard has emerged at around
5 V. However, this is not fully standardised and may vary between
manufacturers, so always check your manuals to confirm the signal types
your modules require or produce.
Audio signals also follow certain standards. The waveforms typically
fluctuate between -5 V and +5 V, giving a 10 V peak-to-peak range. This
provides enough headroom when voltages are mixed and add up.