From reddit‘s rareandsundry …
I’ve found most people have their own ways of doing this and I’ve cobbled mine together from a lot of different sources and what works well for me and my process (many thanks to Harry Benz though).
I do 5 coats using Vernis wax, beeswax, and paraffin wax. I also use the wax spreading tip on my Regad but I know many makers will simply use the F tip.
Coat 1: Paint, dry completely, burnish with beeswax, and heat at “9”. It’ll smell bad, but when it’s done, you buff it down and sand it with 250grit and it’s really melded into the grain.
Coat 2: Paint, no beeswax, and heat at a “6”. Buff and sand with 400 grit.
Coat 3: Paint, no beeswax, and heat at a “6”. Buff and sand with 800 grit.
At this point you can make the decision to proceed or finish. Any steps from here simply smooth the surface further and make a cleaner edge.
Coats 4-5: (optional, in my opinion): paint, no beeswax, and heat at a “6”. Buff and sand with 800 grit.
Finishing: Apply beeswax and heat on a “2 or 3” just enough to melt and smooth the beeswax on top. Buff and sand. Apply a layer of paraffin wax and hand buff until smooth.
Usually when I’m finishing the entire pieces with some oil or obenaufs I’ll make sure to hit the edges with it as well.
Again, this is just my method and I know a lot of people have their own methods that they love. This one works for me.