Provided are moisture-proof paint slurry and a preparation method thereof. The moisture-proof paint slurry is prepared from, by weight, 30-40 parts of refined raw lacquer, 25-35 parts of mica powder, 20-25 parts of gypsum powder, 15-22 parts of kaolin powder, 5-12 parts of cattle bone powder, 10-15 parts of moisture proof agent and 8-12 parts of adhesive; preparation of the moisture-proof paint slurry comprises the following processes of 1 mixed powder preparation, 2 moisture proof agent preparation and 3 mixing. According to the moisture-proof paint slurry and the preparation method thereof, the raw lacquer is refined with a fungal enzyme, the rheological property can be effectively adjusted, the produced paint slurry is high in adhesive force and hardness and has the functions of resisting corrosion, resisting abrasion and preventing moisture, the paint slurry is smeared to a wood base, coating is convenient, the hardness and strength of the wood base can be effectively improved, holes and gaps in a board can be well filled up and smoothed, a layer of protective film can be formed on the surface layer of the board, the effective moisture-proof function is achieved, the quality of a bottom plate is improved, and therefore the quality of a finished lacquer painting product is guaranteed.