Well liked, smoothed out. "Phife Dog is on the mic and I'm smooth like butter. It's like butter, not no Parkay, not no margerine, strictly butter, baby" -- A Tribe Called Quest (Butter [??]).
Crack rocks, "Yea I got those butters dawg"
This can reference a fine women with an ugly face. "She fine everywhere BUTT-ER-FACE!"
nice, long wavy hair. ex: "damn that nigga got butters (buddas)."