Will each be stereo? or does one loose the panning and pingpong?

presume an Elektron Guy will have to answer this…

why do you care. if you get the 4 audio in via usb directly to your daw you can ping pong and panning to your liking

Really because of the way I play. I don’t , make songs in my DAW. I would use the DAW for recording to tweak levels later. I am not lay track and add all the effects later.