I have been having excellent luck with using water based MinWax Polycrilic finish. It is a little thick and drips a really long time, wasting a bit of product. I fix that by cutting the liquid with about 25-30% distilled water. That means it has less viscosity and runs off a bit faster, cutting the time you have to hold an arrow over the dip tube while it slows to a minimal drip. You may have to dip 3 or 4 times to build up a heavy finish on your arrows. The Polycrylic comes in gloss, semi-gloss, satin, and matte finish. Glossier for fancy show-off arrows, and down to matte finish for hunting.