If you're missing that classic chip dip, here's your answer! It tastes better than the real thing, is made with simple ingredients, and injects tons of flavor from caramelized onions and shallots.
In a large pan over medium heat, sauté onions with 1 tablespoon of olive oil for about 14 to 16 minutes. Add in shallots, thyme, and another tablespoon of olive oil if the pan seems dry. Continue to caramelize, stirring occasionally, for another 14 to 16 minutes until the mixture is a deep golden brown.
Meanwhile, rinse the cashews from the soaking water and drain well. Add them to a high-powered blender along with tofu, lemon juice, Better Than Bouillon base, garlic powder, and ground black pepper. Blend on high until very smooth.