I just soak it in some degreaser or iso 90 and then wipe it down, let it dry, then lube it with my ceramic lube.
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I use Silca Strip Chip along with their wax, plus Endurance Chip. No more bullshit. Especually in dusty environment, if affordable, wax should be great.
Chain wear sticks have two measurements normally - if you are beyond the longer one, you may find that your rear cassette is worn too and that your new chain skips. Hopefully you're fine though.
I have an old tupperware that I put degreaser in, stick the cassette and chain in there, wash, rinse, put on bike, then oil.
I use a foam degreaser to get the factory stuff off and then yeah, just normal chain lube, wipe off the excess afterwards just like when you clean your chain
If your chain was that bad you almost definitely need a new cassette (back) and maybe even a new chain ring (front).
Not true. You can easily get three chains per cassette if you’re good about checking chain lengthening. Even more for a chainring.
OP said the chain was worse than the max measurement on the tool, but now I'm remembering that it's just a pass/fail tool. At first I was thinking they meant their chain finally got replaced long after it should have.
The max measurement is when you swap chains.
My lbs recommended WD-40 too. Works for me.