Still let that "butter fly" like Mariah

from Kanye West (Ft. Big Sean, Common, CyHi The Prynce & Pusha T) – GOOD Music BET Cypher Lyrics on Rap Genius

Meaning

‘Butterfly’ was an album by Mariah Carey and ‘Butterflies’ was another song by Michael Jackson. He extended the play on words to mean both Mariah Carey’s album and MJ’s song. Not to mention, “still let that butter fly”, butter meaning pure cocaine (he is the King of the Coke Flow).
However, the real noteworthy part of this line is the blatant biting of Pusha T from the incomparable Cam'ron on the song “Popular Demand” they both did together

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