Dakini, Khadroma, Khandro
Sky Dancer, Sky Walker, Queen of Space
She Who Moves on the Highest Level of Reality
In Vajrayana, it is a designation for the wrathful and semi-wrathful female deities among the yidam. Although most of the translated literature uses the Sanskrit term - even in Tibetan texts - the Tibetan khadroma (khandro) is much more woman-positive; indicating these deities/women as females who move on the highest level of reality. Their nudity is said to symbolize the diamond-like clarity of the truth they unveil. In the Bardo Thödol, a dakini is defined as the feminine energy principle, associated with knowledge and intelligence, which may be either destructive or creative.
We must certainly not be misled by those authors who simply call a dakini an 'emanation' or 'consort' of Buddha So-and-so. Although Buddhist Tantra ascribes a less energetic dynamism to the female pole than does Indian Tantra, the dakinis are certainly equal - if not superior - to the male deities. In the context of the Tantric teaching that enlightenment, wisdom and liberation are achieved through a fusion of method and goal, it is the goal that is seen as the female aspect (the dakini) and the method/path as the male (see Inner Tantras).
from The Yoniverse of Christina Camphausen and Rufus C. Camphausen