A thin wax paste (beeswax softened 20-30% with solvent) will not lift a dried layer of oil paint, I can tell you from experience. It's not liquid enough to do so. I've made a sort of retouch varnish with wax by adding diluted damar and it works fine; although, it's rather soft and doesn't offer much physical protection like a final resin varnish would. You cold also make your final resin varnish less glossy by rubbing on a thin wax layer. Commercial "mat" varnishes have wax content, sometimes a synthetic or mineral wax.
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