Use Plasti-dip spray coating.
It's rubber spray in paint. It's awesome, hold up well, deadens the vibration in your bow and when you're ready to remove it, literally pick at it with your finger nail to lift a tiny section, and it peels right off. No residue, none left behind.
I was shooting an indoor 600 round with a set of target limbs that I sprayed to hunt with in the late season. About halfway through I decided to peel it off, and I did so before the guys got back from pulling and scoring their arrows in one round.
Plasti-dip is where it's at