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A bond between two friends of the same gender which is an exaggerated and more cringe than a normal friendship emulating the appearance of being homosexual but in truth just a great appreciation for the bond built.
Male 1: man we've been through so much sh*t together and put each other through so much but I appreciate our friendship so much.

Male 2: likewise man, I love you bro. But that's enough of this "gayship"
Gayship by GreenGandhi69 March 5, 2017
The best type of ship which will cause death by 'feels'
"Wow my *Gayship* is so cute"
Gayship by FandomHooman June 2, 2017

gayshit impact 

dogshit game for weebs with a gambling problem
Gabriel:Come on genshin impact
Joe:you mean gayshit impact? no i'd rather not

Gayshit Infact

a term for the hoyoverse game "genshin impact" used by people who dislike the game. term was made from the terms sounding similar to the words "Gay Shit, In Fact", also a term to refer to media or an action seemingly gay, or gay sounding. Also a variation of the term "Genshit".
person A " dude some virgin was playing genshin in class today"
person B "thats some gay shit"
person A "Gayshit Infact."
like gossip, but gay. gays will congregate and partake of this cultural ritual, deeply analyzing and mercilessly scrutinizing anything worth disparaging someone about. don't forget the wine.
tanya: what are you doing tonight?
carlos: jorge is coming over to talk about boys. you know, gayssip.
gayssip by jaybaybay1030 November 2, 2011

Gaystipation

When a gay person doesn't come out. Similar to how a poo doesn't come out when you are constipated.
Gayle: Do you think Matt has Gaystipation?
Ockert: Defos! He's hella gay.
Gaystipation by mberry October 26, 2015