It is polymerized according to their website. I think in involves boiling it at a certain temperature for a certain amount of time. It dries fairly fast, I can usually get two coats in a day especially if I set the stock in the sun for a little while. I put in on with my fingers and rub it with the heel of my hand.
Phil
Polymerization is the process of curing. If it is polymerized it is cured. Hard to apply already cured oil.
The temperature thing was done until chemical driers were discovered... general heavy metals...