Nomad MK II, you should see the eccentric when you look in it. And, I would expect any water that gets in the seat tube to be able to drain out the bottom past the eccentric as long as you do not have so much grease in there that a seal of grease exists.
For this reason I do not bother to grease my seatpost in my Nomad. Another reason for grease is that dissimilar metal corrosion can lock a seatpost to the frame, but my Nomad seatpost is painted so no need to worry about corrosion.
That said, I do grease my Sherpa seatpost, had it out yesterday and it still has grease on it. On the Sherpa I am not useing the painted Thorn seatpost, using one that I do have to worry about corrosion.