We read "..water displacement.." and "..not a lube.." so many times, it becomes fact without any evidence.
Anyway, this was something different:
Originally Posted by
Petros98223
(snip) I made a mix of paraffin wax and powered graphite (sold as lock lubricant), smeared it on the chain (after I cleaned it) and used a heat gun to get it to melt into the chain. I did not even have to remove the chain from the bike, I did it right on the bicycle.(snip)