Coating copper-clad bullets has been done for many years in the powder-driven, reloading marketplace. While several forms of moly (molybdenum disulfide or other derivative) have been very popular, Danzac (tungsten disulfide), has been one of the more popular coatings. Variations of it, are still being used by several commercial ammunition manufacturers. Unlike moly, it doesn't rub off easily, and doesn't require polishing after the coating process.
Either product is a whole lot slippery than uncoated bullets. As a result, reloading parameters have to be adjusted to compensate for the drop in friction (slower FPS) From experience, at least with an Ackley-Improved, 22-250, the nominal loadings can be increased by about 10% depending on the original loading parameters.
I'm aware of a lot of attempts to use coatings on lead alloy bullets (jacket-less), but I don't think the results were all that encouraging. After all, most lead alloys are fairly-good anti-friction materials (think babbitt bearings). Nonetheless, you bring up an interesting subject.
I have all the necessary equipment to Danzac-coat thousands of pellets. Perhaps I should do that, just to see what happens. However, again based on experience, the driving force will have to be increased if one is to maintain some given velocity (more pumps, higher chamber pressure, however it is done).
There is another issue, but to be honest I'll have to do some research. Copper against steel, is different than copper against stainless steel, at least in the stainless steel used in some barrels and/or inserts. This makes me wonder about a lead alloy vs. a brass barrel as in a 397 or 392 Benjamin?
I wish folks wouldn't do this to me! After all, I am really trying hard to remain retired!