panty waffle Share definition Flag when someone makes hot panty's by putting them in theyre panties. 'yo fam can i get some waffles?' 'yeah sure lemme just take off my panties and give u 1 panty waffle.' panty waffle by Strykah2710 September 8, 2020 0 0 Get merch Get the panty waffle mug. Buy Now — $32.95 See more merch