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Is the retelling of events through the eyes of a gay, lesbian, or transgender individual. The recap of events are meant to be quintessentially gay. A gaycap is meant to be humorous to people outside the LGBTQ community.

The term was coined and is used often on TRANZGENDR.com, particularly when breaking down the weekly Gay of Thrones gaycaps of Game of Thrones.
Did you watch the Gay of Thrones gaycap of Game of Thones on TRANZGENDR.com?
Gaycap by Slick Lion May 18, 2016
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Gaycation 

Hey Oscar, how was your gaycation?
Gaycation by uvogin December 21, 2021

Gaycatcher 

Mysterious gay cult named for their absurd ability to catch gays without ever releasing them.
They often use music, dance and lesbian activities to lure the gays to them.
Interviewer: So Gaycatcher what do you think about all the gay people?
Gaycatcher: Gotta catch them all.
Gaycatcher by Confusiyeon September 10, 2021

gayaphernalia

Items that might reveal one's sexual preference.
"Shit, the parents are coming to visit. Quick, hide the gayaphernalia!"
gayaphernalia by Julz November 7, 2003

Gaycanthropy

To suddenly turn gay the same way you would turn into a werewolf.
Person 1: You heard about john? I think he turned gay.
Person 2: Oh my god, he was a lumberjack this morning! This is the third Gaycanthropy this month!
Gaycanthropy by Sleep-o-lax January 24, 2009

gayrappling 

two gay guys wrestling or grappling together, it is usually used an excuse for two closet gay's to grope and touch each other.
marc: I cought dave and his manager were gayrappling together in their hotel room.
andy: I'll show them how to gayrapple
gayrappling by Jarmel lewis April 27, 2006

Gaycation 

a vacation for gay people
Ben and Mike are going to Ft Lauderdale for their annual gaycation.
Gaycation by mac4929 April 7, 2008