No this is wrong - lower honor gives you a higher wounded %. I believe the exact calculation depends on the honor difference between the two combatants.
I believe the most OVERALL efficient way to lose honor is scout-bombing enemies with open gates. You lose honor and you kill some archers. Slamming 100k warriors into someone can kill some traps and cav, but using scout bombs intelligently in coordination with allies will help your war effort and lose honor at the same time.



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