Step 1: Prepare the Shrimp

1. Rinse the shrimp under cold water and pat them dry with paper towels. Drying the shrimp ensures they’ll sear properly and develop a caramelized crust.
2. Place the shrimp in a large bowl or resealable plastic bag.

Step 2: Make the Marinade

1. In a small mixing bowl, whisk together the lime juice, honey, soy sauce, olive oil, minced garlic, smoked paprika, cayenne pepper, chili powder, salt, and black pepper. Taste the marinade and adjust the seasoning if needed, balancing the sweet, tangy, and spicy elements.
2. Pour the marinade over the shrimp, ensuring each piece is well coated. Cover the bowl with plastic wrap (or seal the bag) and refrigerate for 10-15 minutes. Avoid marinating for longer than 20 minutes, as the lime juice can break down the shrimp and make them mushy.

Step 3: Heat the Pan

1. Heat a large skillet or cast-iron pan over medium-high heat. Allow the pan to get hot before adding the shrimp to achieve a proper sear.
2. Add 1 tablespoon of olive oil to the skillet and swirl to coat.

Step 4: Sear the Shrimp

1. Remove the shrimp from the marinade, letting any excess liquid drip off. Arrange the shrimp in a single layer in the hot skillet. Avoid overcrowding; cook in batches if necessary.
2. Cook the shrimp for 2-3 minutes on the first side, until they’re caramelized and slightly charred. Flip the shrimp and cook for another 1-2 minutes on the second side, until they are opaque and fully cooked. Shrimp cook quickly, so keep an eye on them to avoid overcooking.
3. Remove the shrimp from the skillet and set them aside on a plate.

Step 5: Garnish and Serve

1. Garnish the shrimp with freshly chopped cilantro, lime wedges, and a sprinkle of red pepper flakes for extra heat, if desired.
2. Serve hot and enjoy!