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Heat water in a small pot until it comes to a boil. Add edamame and cook for five minutes.
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Drain and add to a food processor.
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Add avocado, cilantro, lime juice, Siraracha, Greek yogurt, salt and pepper and blend until it begins to get smooth. Use a spatula to wipe the sides down.
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With the food processor running slowly add the olive oil and then the water until you reach a smooth consistency.
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Serve with chips, pita chips, vegetables or on a sandwich.