To place the pussy upon the chainwax is a euphemism for accumulating mass quantities of vagina and aligning them on a figurative conveyor belt for organized fucking. Think of a chain, it has links that form a line. The wax alludes to smooth and speedy transitions. Thus, putting the pussy on the chainwax means having bitches ready to fuck in an orderly and timely manner.

Literally everyone, ever. Including the writer of this definition.