Does anyone know what might be going on here? An ATTiny85 is outputting a square wave like the following from 0V to 3V3:

When it's connected to an input pin of a DSP (FV-1) the floor of the signal goes from 0V to about 700mV. The top of the signal doesn't rise though (i.e. the whole wave isn't being shifted).
They're running off separate power supplies, but with a shared ground.

Here's a simplified version of the circuit:

Or the complete one is attached for reference.






