This thread has some holes in it.
RE: the y-splitter cable - it’s not mixing the two signals, L goes to the tip, R goes to the ring, and ground goes to the sleeve. They can be very handy. In other words, one could use it, provided your input can accept stereo TRS Tip/Ring/Sleeve (Audiobox USB inputs are mono - I have one too). If you tried to run a stereo TRS into one of the Audiobox inputs you would likely get a lot of phase cancellation and the resulting sound would seem very quiet and muddled. I did this back in my early days with a Machinedrum and used to wonder why it sounded so much worse than on my headphones. Also - don’t use the headphone out of Digitone into a single input on the audio interface, you’ll have the same phase cancellation issues.
To the original poster, one thing you could try is running your guitar (or the Sub Phatty) through the Digitone. The inputs have A LOT of headroom (unity gain around 25 on the input level) and could do a decent job of bringing up your guitar level. Plus you could take advantage of the Chorus, Delay Reverb and Master Overdrive, which might sound pretty dope on the Moog.
Another solution is to pick up a small mixer. Mackie makes nice mixers and they have tons of options.