In a small saucepan combine the saffron threads and 2 and 2/3 cup of vegetable stock. Heat gently on the stove over low heat and keep warm.
Place 1 tbsp of oil, white wine, or additional broth in a paella pan.
Add the garlic, shallots, baby peppers, and calabrian chilies to the paella pan.
Cook on the grill or your stovetop for 3 minutes.
Add the tomatoes, bay leaves, salt, and paprika. Cook additional 3 three minutes.
Add the rice and broth. Stir once or shake pan to evenly distribute. After this do not stir the paella.
Cook 25 minutes.
I like to rotate the pan clockwise every 5-8 minutes to ensure even heat distribution.
Add the asparagus and peas and cook additional 3-5 minutes.
Test the socarrat on the bottom of the paella pan with a small spoon. It should be crispy but not scorched.
Once your paella is cooked, remove from grill and cover in foil. Allow to rest on the counter for 7-10 minutes and then serve.