This has been fixed for the next release.I cleared all presets, did a reboot, reinstalled the "Factory Preset Banks A, B and C for CYGNUS Mar 8, 2022", tried to replace the Wah with the Looper in Layout and if the Out 1 Speaker is a bit about noon the loud short sound hearable and Out 1 and 2 show red.
REASON: Well, the preset is not the reason, it's the GEQ 1 and GEQ 4 I use (refer to signature). If I set it to Off there is no issue anymore. If I activate the parametic GEQ 1 and 4 again, I get again the red levels and sound. That's not good for my ears and possibly dangerous.
Pro Tip: in the future try not being so combative and people will be more likely to help you. I spent several hours trying to reproduce your bug to no avail. You did not tell me you had altered the factory presets and dialed in over 16dB of gain in the global Output EQ. This is why there are specific instructions. My time is valuable too.