It's a handy technique to know. You can wrap the handles on your trekking poles and other things that need a new covering. I rearranged the photos.
Start out by taping the loops of string and fiberglass wick as shown. I'm using nylon cord because I ran out of wick
You tape them so they don't flap in the breeze when you wrap the wick around the pot. They'll get in you way big time.
When wrapping is complete, put the end of the wick through the loop formed by the piece of string. Keep your forefinger on the last wrap of wick to keep it tight. Remove tape and use the tape to hold the last wrap of wick tight to can as shown in next photo.
Now remove the tape from the top loop of fiberglass wick at the top of the can(large loop). Now grab hold of the fiberglass wick at the bottom of the can and pull it so it brings the loop down under the windings.
Now grab hold of the string at the top of the can and pull the end of the wick under the wrappings until it comes out to the top where you can then pull the string out.
Now grab hold of the wick sticking out at the bottom of the can and pull on it to bring the loop at the top of the can down under the wrappings to secure it. Trim off excess material and tuck under the wrappings as needed.
Last step = Using a knife, tuck the ends under the wrappings.