Lots of Good Suggestions
For many years in the fastener industry, a common finish has been cadmium and wax. The cad is put on as an electroplate, and the wax is nothing more than a dip and spin process using a diluted mixture of Johnson's floor wax. The purpose of the wax is for lubricity. Today, cadmium is virtually non-existent in the auto industry due to its carcinogenic nature. Interestingly, its still used in the aircraft industry due to superior corrosion resistance. The gold color typically seen on AC fasteners is a dichromate over the top of the cad.
Using stainless fasteners with all-metal locknuts (such as platenuts) is NEVER a good idea without at least some form of lubricity. Nylon lock nuts - no problem. In fact, you typically want to stay away from petro based lubes with nylon, as they may break down the polymer.
My suggestion for things where repeated removal is necessary - like seat pan fasteners, inspection covers, and wingtips is to tap out the nutplate. While some users suggest running a fastener in and out to soften or season the lock, it really has pretty much the same effect - repeated use of a lock nut (typically more than 5 or 6 times) typically destroys the locking mechanism. In fact, the existing SAE specifications for locking fasteners typically spells out first on, first off, and fifth off prevailing torque as a means of qualifying the product. There is no spec after the fifth use. In any event, I've tapped out all of the above listed fasteners in my plane. After over 500 hours, no problems with loosening in any of these locations.
Terry, CFI
RV-9A N323TP