The Big Wazokski is an alternate process for circumcision. The act is similar to how you remove a tooth by tying a string around it and tying that to a door, then slamming it.
It's that but it's your foreskin with a string tied around it.
"I wasn't circumcised as a kid, but I'm getting real tired of cleaning my foreskin so my friend and I are gonna perform The Big Wazowski to solve the issue."
When you combine Shrek, Big Shaq, and Mike Wazowski.
"Hey dude, did you see that meme? Y'know, Big Shraq Wazowski?"