Depending on the manga by Itoyoko.

Whenever a slave girl dons the Cursed Panties of Torijama, the joy of fantasy suddenly becomes a great deal sexier. In line with the comics by Itoyoko, Dragon Pink is the story of four adventurers out for danger, treasure, and a fun time: the slave girl Pink, now destined to be a sexually overcharged catwoman Santa, the talented swordsman Pias, the elf sorceress with magic in places you wouldn't believe and Bobo, the large warrior using the big axe.

And the mayhem's just stared with Pink and company facing crooks who have the ability to permanent plans on her and her party. Trouble, disaster, and dismay will be in store, in addition to a lot of good things, too. Unfortunately living of sufficient length to have there.