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It has the same meaning as profit, to gain from, with its use intended for dramatic flair. Quoted from Preach, part of the Youtube channel Aba & Preach.
When a person puts you in the Friendzone because it's convenient, they profitate from your being in the Friendzone.
Profitate by kameHouse May 12, 2020
Related Words

Progenite 

Someone who is typically gay steals all your kills in Fortnite, can wear glasses and scams people.
Dude, you can be such a Progenite when playing Fortnite
Progenite by Ur Mam Gay August 20, 2018
When a girl purposefully leaves you in the friend zone because it is convenient for her.
Guy1: Dude, that girl has so many guys in the friendzone doing shit for her to get some and she totally knows it.

Guy2: What did you expect man? She profitates off that shit.
Profitate by Insigniarum May 12, 2020

proximate cause 

n. a phrase used by lawyer to make it seem as if somebody didn't do something wrong when they really did.
Lawyer: Yes, your Honor, my clients may have created fake financial records for Enron, but they were not a proximate cause of harm to Enron shareholders because Enron was going to implode anyways.

Prodicate 

Also known as zZetro, Prodicate is a big black man who is very strong. His huge, black, veiny biceps make him attractive. He also has a big black dog who has a huge ball sack.
Prodicate is on ship, don’t chall!
Prodicate by zZetro June 28, 2021

pregnate 

1. The description being pregnant by one who really shouldn't be pregnant (either for a male or female).

2. A common and very annoying typo for the word "pregnant".
omfgz u guyzz im pregnate!!1!1!
pregnate by Mocodity August 22, 2006