And for those wondering...
'Chillax' is slang; being a compound root word made up from 'chilled out' and 'relaxing'. Hence chillaxing (or chilaxing as some scholars prefer), to chillax and chillax quotient.
Chillax quotient is a measure of how chilled out & relaxing something is. A chillax quotient of 'high' means something is very chilled out and relaxing. A 'low' quotient means it's wild & manic.