The XLC doesn't actually have a moly coating on it. It has a proprietary dry film lube. Barnes claims that this lube will not build up in your bore like moly will. They say that whatever is remaining in your bore after you shoot, is burned out by the next shot.
From the Barnes web site:
Is your coating Moly?
No. We experimented with Moly in our lab and didnt find consistent, beneficial results. Therefore, we co-developed our own formula, a solid dry film, we call XLC coating.
Will your XLCs coat or cause a coating build-up in my barrel?
No. One of the major benefits of our coating is that it won't coat your barrel. It is designed to burn clean. It will not leave any residue in your barrel . We shoot thousands of rounds through our test barrels without any XLC build-up.
Is the XLC coating made of teflon?
No, it is not teflon. XLC is a proprietary, co-developed formula that is sprayed onto, then baked on the bullet.
How does your XLC coating increase velocity if it reduces pressure?
Because it reduces pressure, initially an increased powder charge over the uncoated X will need to be added. However, once you bring it back up to max pressure, an increase in velocity is yielded.
How much increase in velocity may I expect?
This figure varies cartridge to cartridge, however usually around 100-150 fps.
Is there a standard percentage of increased velocity with your XLCs?
Our testing did not show a standard increase. That is why we recommend you use our data every time you load a XLC.
I have shot moly in my .223 for a couple of years, and it will build up in your bore, and it is a PAIN to clean. I am right now trying to get it all cleaned out so that I can go back to jacketed bullets (you shouldn't switch back and forth).
Hope this helps.