The first word in this song is discorporate.
It means: to leave your body

Discorporate [bad word] with me
Shifting; drifting
Cloudless; starless
Velvet valleys & a sapphire
Sea: wah wah

Unbind your mind
There is no time
To lick your stamps
And paste them in
Discorporate
And we will begin...wah wah!

Flower power sucks!

Diamonds on velvets on goldens on vixen [bad word] on cupid on donner & blitzen
On up & away & afar & a go-go
Escape from the weight of your corporate logo!

Unbind your mind
There is no time
Boin-n-n-n-n-n-g
To lick your stamps
And paste them in
Discorporate
And we’ll begin
Freedom! freedom!
Kindly loving!
You’ll be absolutely free
Only if you want to be

Dreaming on cushions of velvet & satin
To music by magic by people that happen
To enter the world of a strange purple
Jello
The dreams as they live them are all
Mellow yellow

Unbind your mind
There is no time
Boin-n-n-n-n-n-g
To lick your stamps
And paste them in
Discorporate
And we’ll begin
Freedom! freedom!
Kindly loving!
You’ll be absolutely free
Only if you want to be
You’ll be absolutely free
Only if you want to be