tmcgee
Aquarium Advice Activist
To be honest, I don't know what you will gain from putting silicone on the outside of your tank. Do you just want to fill it in so it doesn't cut someone on accident? Silicone will not help with the structural integrity of the tank that the chip might have affected. That being said, it is such a small tank, I would not worry about structural integrity. I am sure with that little water volume pushing on the panes of glass, you will have no issues. If that were my tank, I would just put the chip towards the wall or something (unless it is completely out in the open) and call it a day.