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1.
Waxing Cakes is when two people get it on in a passionate loving manner, similar to Beating Cheeks.
Dude: whats ur plans dawg?
Dude2: prolly gonna wax cakes with ur old lady bro.

or

Dude: hey man how was ur weekend?
Dude2: ah dude I waxed mad cakes with this fine azz bitch, i'm prolly gonna beat cheeks with her again tomozz
by nolan; July 26, 2008