Add your toasted coconut to your food processor or blender. (I found with this volume I was using I had better luck with my blender just because it was a tighter space for the blades to really work well)
Pulse the coconut - it will become powdery & then start to stick to itself & then become smooth
When it gets to this sticky point - add in your coconut oil & keep blending
Add vanilla & pulse 3-4 times to mix
Store in a jar - either at room temperature or in the fridge