Vegan Queso

Place cashews in a small bowl, cover with 3/4 cup water and soak for 30 minutes. Drain cashews and rinse under cold water.

Place the cashews, along with lime juice, nutritional yeast, tomato paste, smoked paprika, salt and cayenne in a high-speed blender and blend on the highest setting until smooth and creamy, 2 to 3 minutes, scraping down the sides once or twice. Thin with a little water if necessary.