I tried the knotless bungee technique with scrap pieces, but it didn't work for me. I couldn't roll back the sheath which is glued to the rubber, and without the overlap the butt joint wasn't strong enough.
As an alternative I made a sheath out of wood. I first did a test piece which was very strong and couldn't be pulled apart.
I drilled a 1/4' hole through a 1-1/2" length of wood then carved it into a cylinder. Dyed it black and a couple coats of epoxy to seal it. To assemble I soaked the bungee sheath and the interior with epoxy and put in a good blob between the 2 halves. I also did a coat of urethane after the epoxy set.
I don't know how it'll last in the long term, but it'll be easy enough to redo or switch back to using knots if necessary.
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