Whatsit
From Homestar Runner Wiki
Poop is a polite term for what The Poopsmith shovels. Poop is known as Whatsit also known as You-Know-What.
In 3 Times Halloween Funjob, Homestar gets some to fill his arbitrarily self-imposed weight requirement of "like a million pounds of candy." The Poopsmith serves up a dish of it to The King of Town for no sufficiently well-understood reason in the newer Homestar Theme Song Video, which nearly makes the king lose his lunch. The Poopsmith has been known to make cookies using this questionable ingredient. Takers of the Homestar Quiz are treated to his recipe upon receiving a perfect score. Also, in Bug in Mouth Disease the King of Town says, "I keep telling him the sun don't rise and set on that pile of whatsit, but he don't want to listen!"
First seen in The King of Town DVD, it shows up whenever The Poopsmith is "on the job." It was first referred to as a Pile of Whatsit (Poop) by Coach Z in Where's The Cheat?