• WARNING: Tube/Valve amplifiers use potentially LETHAL HIGH VOLTAGES.
    Building, troubleshooting and testing of these amplifiers should only be
    performed by someone who is thoroughly familiar with
    the safety precautions around high voltages.

Damping Factor Snake Oil

If higher DF enhances, why it is a hoax?

It also enhances non linear distortion caused by drivers. In this respect it is the worst solution already in theory.
Anyway it is not true that it enhances the low frequency response of loudspeakers by default. Because MOST loudspeakers are designed FOR high DF amps I would be surprised by the contrary!
If a loudspeaker is designed with a different approach high DF is likely detrimental....that's why it's hoax.
 
So, it's not a hoax 99% of the time, but still, let's call it a hoax in the spirit of inclusion 🙂

99% I don't think so, even with commercial speakers. Cheap experiment: buy a pair of old Mission M73 (I personally can find them in mint condition for just 100 GBP here in UK) and will see that any good SE amp with DF of 2-3 will kill any other amplifier...bass included. 😉