I derogatory term used mostly against gay men. it IS a slur.
Person 1: FAGGOT
Person 2: Bru STFU YOU BIGOT
Faggot is a derogatory term mostly used against the LGBTQ+ community by bigots, Mostly gay men. While sometimes it is used by said gay men to identify ones self.
"YOU FAGGOT"-Bigot
"I am a faggot"-Gay man