When you beat someone's ass in something. When you comepletely give somebody or something the sauce, you ask if you are still cool.
Cam: Gets knocked the fuck out in UFC
Wade: We still cool right?
When somebody is really bad at an activity, or you just completely finesse their kids.
Ryan: How did i just die in rainbow six seige
Wade: You just got dink and donked
When someone gets piped so bad you have to check to make sure they are alright. Usually occurs when someone gets sauced in UFC.
Brendan: Gets knocked the fuck out in 6 seconds...
Wade: We still cool tho right?
Someone who can't lift 15 pound boxes, and likes to think he saves money with the mcpick 2 at mcdonalds.
Ryan: These 15 pound boxes are so heavy
Wade: Quit acting like a Cam