In a large salad bowl, combine all the ingredients for the dressing. Season to taste with salt and pepper. This will be the base that flavors the entire salad.

Bring a pot of salted water to a boil. Cook the pasta until it reaches an al dente texture, following the package directions for timing. Once cooked, drain the pasta and immediately toss it with the prepared dressing in the salad bowl. Add the lettuce, corn, cheddar cheese, basil, cilantro, and avocado to the bowl. Toss everything together to ensure even coating and flavor distribution.

In a skillet over medium heat, melt the butter until it turns golden. Stir in the chili powder, paprika, cayenne pepper, and a pinch of salt. Cook the mixture for another minute, allowing the spices to bloom, then remove from the heat. This will add a flavorful, spicy kick to the salad.

In a small bowl, mix together the mayonnaise or yogurt with fresh lime juice and a pinch of salt. This creamy dressing will complement the spices from the chili butter and add a refreshing tang.

Serve the salad warm or cold according to your preference. Top with a drizzle of lime mayo and a generous spoonful of the chili butter. Letting the salad sit for a bit will develop more complex flavors, enhancing the taste. Enjoy your vibrant and flavorful pasta salad!