Add warm (not boiling) water to the saffron threads in a small dish. A few tablespoons of water is enough. You should see a golden hue begin to emerge in the water. Let the threads soak in water for 5-10 minutes, ideally up to 20 minutes.
After the saffron is finished steeping, you may add the saffron and liquid to whatever you're cooking, such as risotto, paella, or soup. If making a dish or sauce requiring wine, infuse the saffron directly in wine. The compounds are drawn out even further, and the flavor profile is more pronounced.
Another way to bring out the full flavor profile of saffron is to crush the threads with a mortar and pestle to a powder-like consistency. We suggest this for non-liquid recipes or baking, like when making saffron cookies or cake.