A small scratch on the side of the hole can be sufficient to prevent hydraulic lock. Dowel pins are also made with a groove for the same reason. https://www.mcmaster.com/dowel-pins
If you made it a "press fit" why would you use a retaining compound at all?
Drill the hole, ream the hole and install the pin with a press, you will then find it difficult to remove if this should be required if it is not a through hole.
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