By the strictest/most literal definition yes, it is a DAW. But it does not do what people expect of DAW’s.
* no real time effects playback
* it doesn’t support VSTi’s (long standard and expected)
* no sequences
* can’t use MIDI controllers
It’s a fantastic platform for recording audio and post-processing, it is a terrible music production program, which even the most basic DAW’s can handle.
To make a video comparison, it’d an like an NLE that can’t sync audio/multi cam, has an unintuitive and semi-bloated UI, doesn’t support captions, and can’t support multiple timelines under one project.