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316 stainless won't corrode. 304 will show signs of rusting. Both will react and cause the alloy to corrode.
It needs to be insulated, either with nylon sleeved washers, or by chemical means such as lanolin grease or non melting grease such as "Aqua-Lube" (The stuff the Europeans use in boat trailer wheel bearings, not the alternative to KY Jelly lol).
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this time for sure...
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