Hi
 > Can you explain me a little how this pot works and what should I do
 > to test and/or fix it
The working principle of the portamento circuit is very simple. There is
 an capacitor between ground and the control voltage line from the
 keyboard for the VCO pitch. If the keyboard control voltage changes,
 then its power will first be used to load the capacitor. This will take
 some time. So the voltage change will not be immediate, but will
 increase slowly. This causes at the VCO what we call portamento.
 (The same happens if the voltage drops. Then the unloading will take
 some time).
 As said, loading or unloading the capacitor always takes a little time,
 but if the CV comes with enough current (if the power is high enough
 (remember: power = voltage x current), then the loading or unloading of
 the capacitor is that fast, that our ear does not recognize it.
 The portamento potentiometer now simply acts as a variable resistor (so
 called rheostat) which is inserted in the CV-line before the capacitor.
 If the poti is turned fully counterclockwise then the resulting resistor
 is zero -> the capacitor will be loaded that fast, that we do not
 recognize it.
 If the poti now gets turned clockwise, the resulting resistor is
 increased -> the increased resistor means less current runs into the
 capacitor -> the capacitor will be loaded slowlier -> the pitch changes
 slowlier -> portamento.
 > Which is the line for VCO4 to shortcut and
 > how can do this
I cannot tell you exactly which layer of this four layer potentiometer
 is the one for the VCO4, but I found an article in the web, which
 describes the principle of our problem quite good
 Have a look at
http://www.allaboutcircuits.com/vol_6/chpt_3/7.html
 in the picture
http://sub.allaboutcircuits.com/images/05151.png
http://sub.allaboutcircuits.com/images/05150.png
 you have to think the battery as the keyboard CV and the motor as the
 capacitor. That is how the portamento potentiometer is wired.
 The picture
http://sub.allaboutcircuits.com/images/05152.png
 describes, what might be broken in your portamento potentiometer.
 If you connect both the outer connectors of the potentiometer with each
 other, then it is like the potentiometers resistance would not be set to
 zero.
 > Does it contain graphite like the sliders on JX3p
 >
Yes. All potentiometers work like that, but you can't repair it with an
 graphite spray!
 Btw: it does not have to be the potentiometer itself. It could be that
 the corresponding solder joint is corrupted.
 Florian