How to make peanut sauce?!

I assume you mean Thai peanut sauce.

Here's a good recipe:

1/4 cup honey
1/4 cup smooth peanut butter
1 tablespoon crunchy peanut butter
3 tablespoons soy sauce
2 tablespoons rice vinegar
2 tablespoons water
1 tablespoon sesame oil
2 teaspoons minced fresh garlic
1 tablespoon minced fresh ginger root
1 teaspoon crushed red pepper flakes

Combine all ingredients and serve.

Best Peanut Sauce

Original Recipe Yield 1 cup
Ingredients
1/2 cup crunchy peanut butter
2 tablespoons soy sauce
1 teaspoon white sugar
2 drops hot pepper sauce
1 clove garlic, minced
1/2 cup water
Directions
1.In a small bowl, stir together peanut butter, soy sauce, sugar, hot pepper sauce and garlic until well mixed. Gradually stir in water until texture is smooth and creamy.

allrecipes.com

http://cookingwithamy.blogspot.com/2005/07/perfect-peanut-sauce-recipe.html

researched and used

squash a peanut and add some water