Rinse and pad dry the meat. Then cut in into 8 equal pieces and place in a large mixing bowl.
Mix dry rub ingredients ( 1 tbsp smoked paprika, 2 tsp salt, ½ tsp garlic powder and ½ tsp onion powder, and ½ tsp cayenne pepper) in a small bowl and sprinkle is over the meat.
Using your hands, rub the spices all over the meat, making sure it’s all equally distributed.
Set your Instant Pot to Sauté. Add 3 tbsp olive oil to the pot and brown the meat in two batches not to overcrowd the pot (3-4 pieces at a time). Sauté for about 4-5 minutes each side or until it gets a golden/brown crust. Then remove the meat from the pot.
Then add 1 cup of water and scrub the bottom of the pot to remove burned bits and cancel the “Sauté” function.
Put the meat back to the pot and cover the lid. Cook on high pressure for 60 minutes. Make sure that the venting knob is turned to “Sealing”!
When it is done, let it naturally release the pressure for 15-20 minutes. Then switch the knob to venting position and release the steam. Make sure the steam is fully released and the valve is completely down before opening the pot!
Take the meat out and put it on a plate. Using two forks, shred the meat. I like to remove any fat pieces, leaving only meat in the plate.
After it’s done, you can put shredded pork in a large mixing bowl or back to the pot. If you put it back to the pork, make sure you pour out the remaining liquid.
Add your favorite BBQ sauce to the meat and mix it until well combined.