Deft is non yellowing nitro lacquer.
I've used it quite a bit.
There is also the black can Minwax nitro and Watco nitro
But I believe both of those will yellow with UV exposure or age.
Deft seems to be the most widely available nitro cans, but some report they find Minwax nitro at Home Depot or Lowes in their areas.
Same with Watco.
Guitar ReRanch sells high quality nitro lacquers in spray cans.
They use McFadden lacquer to load their cans and it is a very high quality lacquer.
They sell most of the custom Fender colors and a few Gibson colors.
It is a yellowing lacquer.
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Nitro lacquers are probably the easiest finishes to work with. Repairs are easy since each succeeding coat melts into itself.
Deft seems to be a little slower to cure hard than some other lacquers but I haven't had any issues with it.
If you want to go to two part polyurethane type finish you will need a spray rig like a HVLP gun and compressor.
Spray cans tend to leave a fair amount of orange peel. That pebbly looking surface, although you can minimise it with good spraying techniques.
But any and all sprayed finished pretty much need to be wet sanded and polished to look good.
The trouble with satin or matte looking lacquers are if you wet sand and polish them, they will turn glossy.
The only way to achieve a matte finish is to spray a perfect last coat over a smooth sanded surface and not touch it.
Some guys will steel wool a gloss finish to dull it but it usually leaves too many scratches to look nice.
I've finished a lot of guitars and the most important thing is to do good prep work.
Also, for best results, a lacquered body needs to cure or dry for 30 days to properly harden for wet sanding and polishing.