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What does the lubricant really do?
Monsterfil filament has a thin layer of lubricant on the filament to allow easy feeding through the tubes and also to help lubricate your extruder. This minimizes the friction between the filament and any surfaces that it touches before entering the nozzle.
Are there any side effects by using the lubricant?
No, the amount of lubricant used is so low that it does not affect layer adhesion, does not accumulate along the passage of the filament or any other adverse effect on your printed part.
So, yes they have just rubbed some gunk on the outside.