I understand the idea, but it falls short in the convincing department. Just another thing to deal with before a ride, which is how most of us try to decompress. The perceived margin of safety is anecdotal.
I used to use only WD-40 on my chains, but I wasn't as diligent as UP with cleaning after each ride. My go-to was Maxima Chain Wax on the Multistrada. Best move I made was ditching all of it for shaft drive.