I also tested this: fail. (Destiny)

by Funkmon , Friday, July 10, 2015, 15:20 (3661 days ago) @ someotherguy

I heard this thing as well, and while the lord of wolves is a beast and allowed me to shoot out of my own bubble without jailbreak in certain situations stupid fast, it did not stop damage being taken by either me, Blackstar, or Garibaldi.

I did not notice when the buff procced, but by the time I was out, it was on.