WLANC - What does WLANC stand for? The Free Dictionary
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Ic seah wyhte wraetlice twa undearnunga ute plegan haemedlaces; hwitloc anfeng wlanc under waedum, gif paes weorces speow, faemne fyllo.
With its basic meaning "proud," "wlanc" (4) in turn personifies the bird as a lustful woman in this sexual context.
The maxim reads, "Draca sceal on hlaewe, frod, fraetwum wlanc
" (26b-27a, A dragon must live in a barrow, old and proud of his treasures).