In a microwave safe bowl, combine the milk, sugar and butter then heat to about 110 degrees (any hotter and it will kill the yeast). Sprinkle in the yeast and let it sit for 10 minutes. It should start foaming, that’s how you know the yeast has been activated! Add the eggs and vanilla and whisk to combine.
Preheat the oven to 350 degrees.
Roll up the dough to form a log shape then cut the long into about 1-1 1/2 inch thick rolls.
Place on a well greased baking pan and bake for about 25 minutes until the tops are golden brown but the middle is still doughy.
For the frosting, just microwave the coconut butter until melted and add the water to make it a little less thick. Feel free to add more or less depending on the consistency you like.
Serve while warm and enjoy!