Yes, it’s just iodéOS, which is LineageOS and microg. You can do this with literally any phone if the bootloader can be unlocked. Even easier if it’s officially supported by lineage.

From the specs it sounds like it’s like a Vivo Y28s. It’s not that exact model but something very similar. Same features, same soc, has microsd and headphone jack.

And they are selling it for USD 300. I found this vivo on middle eastern and indian webshops, and it costs less than USD 200.

iodéOS is powered by “LineageOS”

https://iode.tech/iodeos/

So yes, it also has microG. So it’s the same thing again, as /e/.