1-First Step: Melt 3 tablespoons of butter in a frying pan over medium heat. This creates a flavorful base and prevents the onions from sticking as they cook.

2-Second Step: Add the 2 1/2 cups of diced onions, 3/4 teaspoon salt, 1/2 teaspoon black pepper, 1/2 teaspoon onion powder (if using), and 1/4 teaspoon cayenne pepper. Stir everything together and cook for 5 minutes over medium heat to start softening the onions.

3-Third Step: Reduce the heat to medium low and continue cooking for 20 to 25 minutes, stirring occasionally, until the onions turn sweet and golden. Once done, remove from heat and let them cool this step is key for that amazing flavor, so take your time!

4-Fourth Step: In a separate bowl, mix the 4 ounces (120 grams) of cold cream cheese, 1/2 cup sour cream, and 1/4 cup whole egg mayonnaise until smooth. If the cream cheese is too firm, soften it gently in the microwave for a few seconds to avoid any lumps.

5-Fifth Step: Stir the cooled caramelized onions into the dairy mixture until everything is well combined. This blends the flavors perfectly, so make sure it’s evenly mixed!

6-Sixth Step: Refrigerate the dip for at least 2 hours, but overnight is even better for the flavors to really develop. When you’re ready to serve, bring it to room temperature and garnish with chopped chives if you like.

7-Final Step: Enjoy your dip with plain crinkle cut potato chips for the ultimate snacking experience. The whole process takes about 35 minutes of active time, plus chilling, and it’s worth every second!