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slaying the dragon 

to jack off, to jerk thyself.
"Dude I was at the pool and there were so many hotties, I just couldn't contain it I had to step in the locker room and slay the dragon."
"Bro, I don't want to know that stuff you slaying the dragon, ..."

Slaying the Dragon 

V. When one pees in each urinal and stall in a bathroom during one trip
Man, Chad is so good at slaying the dragon. I heard he's done it in every bathroom in the school.
Slaying the Dragon by Gidzhead March 6, 2014

slaying the dragon 

For a younger guy to get with an older girl
bro i just slayed a dragon, bro im slaying the dragon this weekend
slaying the dragon by thatkidryan October 1, 2010

slaying the dragon 

Inserting another man's penis into your dickhole.
Abe was ruined when Cheese started slaying the dragon with him.

smoke the dragon 

"BRB, gonna go smoke the dragon"
"Gross man..."
smoke the dragon by Sgt Nato March 15, 2009

slay the dragon 

Unclog a shit from a toilet by reaching in and pulling it out with one's bare hand.
Dude, I dropped a monster deuce in the dunny and had to slay the dragon.
slay the dragon by mcjohnnyp June 29, 2008