Amazing Noises says that GliderVerb is a 'reverberator with glissandos' simulating a room gradually changing its shape. It is an expanded version of an algorithm created by James McCartney for his Supercollider 2 programming language.
The original algorithm had no user-variable parameters: this device adds a series of parameters to create a wide palette of effects; from evolving reverberations to granular disintegration to smooth resonances.
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A unique new soft synth that uses what they call construction synthesis