Answer:
It is an insect, and the first part of its name is the name of another insect. What is it?
What's the red stuff between elephant's toes?
To you, rude would I never be, Though I flag my tongue for all to see.
Who spends the day at the window, goes to the table for meals and hides at night?
What is the largest living ant on earth?
I fly to any foreign parts assisted by my spreading wings. My body holds an hundred hearts Nay I will tell you stranger things when I am not in haste I ride and then I mend my pace anon.