I don't know the exact formulation used for the "glue". I'm assuming they use the term glue, because it was literally "applied" on and not "printed". I'd be surprised if it was water-based.
However, I would speculate that one might be able to scrape it off if one really wanted to, or make it fainter by prolonged soaking/rubbing in warm ever so-lightly bleached water. That would leave a tell-tale sign, however; and as with trying to remove surface taggant off stamps, it's almost impossible to remove all of it cleanly.
I normally don't collect recent issues, but I might keep an eye out for this one. I love "novel" stamps. This is not the first glow-in-the-dark stamp. The identity of the first one eludes me at the moment. Definite thanks for bring this issue to light (don't everybody groan at the same time).

k