It's going to be a pain to delid, and if you actually manage to put it all back together without breaking the chip, you'll only see, at best, a minimal temperature drop.
The 3700X is a rather cool running chip anyway, so I really wouldn't bother with LM. A good thermal paste will work perfectly fine (TG Kryonaut/Hydronaut, Arctic MX-4, Noctua NT-H1/H2, etc.), just like the paste that comes preapplied on the stock cooler will.
If you're absolutely set on using that liquid metal, you can also use it on top of the IHS; though again, don't expect too notable of a difference over a