Neither, just put it in dry. Make sure you put the correct side in, from memory I believe the course thread goes into the engine case, fine thread gets the nut, but look at the other ones to be sure. Double nut it to get it in, but don't go too nuts cranking it down. I think there is a torque spec somewhere. I have them come out on me when taking off the pipes now and then, it's no big deal as long as they stay on when you're riding! FYI. if you look at some of these custom guys they don't even use studs, they use chrome allen heads through the flange into the case.