Lucky tells your interlocutor everything he knows about the being known as Wax. Lucky is not able to vouch for the accuracy of these statements and rumors, but he says that a lot of it rings true.
Wax is a spirit connected to the land.
Wax has been bound and is controlled in some way by a vampire.
Lucky imagines that the controller is themselves a occupant of York, since the spirit can't leave.
Lucky guesses that the Giovanni are in fact controlling Wax.
Whether Wax is collecting boons for its master, or perhaps even collecting the boons for itself to win its freedom remains a mystery.
Since it takes some mortal aid to create an avatar, Lucky guesses that Wax probably has some mortal influences of its own. At the very least, he must have connections to the Occult world.