Head to Hwarone City and speak to Sewerman at (97,41). He will offer to buy any spare Waste.
You can find Waste by killing creatures in Fire Canyon, Cursed Homes, and Blossom Garden.
Once you have a few you can return to him and hand them in.
He will give a different amount of gold depending on the quality of the waste (This is random)
||1,000 gold each
||5,000 gold each
||10,000 gold each
Note: He will take all of the waste in your inventory.
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