Remember that parameter slides are an advanced modulation system, that can create the illusion that you’re using many LFO’s on one sound. Elektron encourages you to think sideways, and this is a perfect example of this way of doing things.
Sure, it is not the exact same as an LFO, and I agree that one LFO per sound is weak and unfortunate, but between live parameter lock recording and parameter slides, you can still get dynamic and evolving sequences.
Cheers !