not exactly. it's also meant to keep off the rust, apparently.lol the point of lube is not really to lubricate...its meant to keep the dirt from getting inside the vital parts of the chain (x/o -rings)...just lube and wipe off excess
NEVER put your bike in gear when lubing your chain! :thumbsdowI put it on the stand, click it into gear, spray the o-rings, then spray the rollers. Done in 2 minutes. I use the Dupont Teflon stuff. It sprays on as a solvent, and dries as a waxy sealant. No fuss, no mess.