Swirl and scrape the sides of the pan frequently with a wooden spoon or heatproof spatula - the butter will bubble and pop. Once the bubbling/popping slows, the butter will begin to turn brown. Watch it carefully, and once it begins to brown and you smell the nutty aroma of browned butter, remove from heat and pour into a large, heatproof bowl.

Allow butter to cool at least 15 minutes. Meanwhile, prepare your dry ingredients.