Thanks for your detailed reply.Yes, it is a bit more complicated than that. I think it's 150mV for 1V output, but I'm not sure. The input sensitivity of the NCx500 module is 2.16 volts with the buffer engaged.
The high output level of your MOTU, and the high max input level of your Parasound, are an advantage in system building, as they help to increase the signal to noise ratio. Amir's tests showed that the MOTU has better performance at higher output levels. That's why mdsimon2 said "you want to minimize digital attenuation in the MOTU to maximize SNR."
It also helps with your NCx500 power amp, which has an internal preamp/buffer to drive the power amp module to full level. That buffer, for want of a better word, degrades the sound quality slightly, and you may be able to benefit from by-passing the buffer with a direct internal connection, and feeding a higher level from your preamp.
It sounds like a well structured and optimised system. What make and model is your power amp?
I probably wasn’t clear in my post earlier. The Motu main outs feed the Buckeye NCx500 and I control the volume with the Motu there without issue.
The Parasound is part of a separate system across the room from nearfield setup. Another pair of outs from the Motu will feed the Parasound P3 which drives a B&K 125.2 amp.
I just wanted to make sure I knew how much to attenuate the output of the Motu to feed the Parasound without clipping it. Or if I even needs to attenuate at all.
From the various replies here it looks like my initial plan, attenuating -3.0 db or so with the Motu’s digital trim controls, is a good way to go.