Pantone Color Institute released its 2022 Color of the Year on Wednesday, introducing a new blue shade that it believes highlights the expansive possibilities that lie before us. Here’s more about the color and some ideas for how to use it in your own home.

Very Peri, a periwinkle hue that mixes the consistent calm of blue with an exciting injection of red, was chosen by the color standards management business. It’s the first time the company has created a color rather than using one from its library. The new color is meant to evoke comfort with a brave twist, symbolizing the reassurance we all need amid uncertain times while also inspiring hope, newness and creativity.

“As we move into a world of unprecedented change, the selection of PANTONE 17-3938 Very Peri brings a novel perspective and vision of the trusted and beloved blue color family,” Leatrice Eiseman, executive director, Pantone Color Institute, said in a press release.

“Encompassing the qualities of the blues, yet at the same time possessing a violet-red undertone, PANTONE 17-3938 Very Peri displays a spritely, joyous attitude and dynamic presence that encourages courageous creativity and imaginative expression.”

If you’re wondering how to incorporate Very Peri into your home, Pantone says it’s all about being a pop of color. According to the press release, the shade can add brightness while working with a variety of materials, textures and finishes “whether introduced through a painted wall, accent furniture or home décor, or acting as an intriguing and eye-catching accent in a pattern.”

A great way to start infusing Very Peri into your space is through accessories that can easily be swapped in and out, or for those feeling bolder, you can go right to painting an accent wall or ceiling to create a playful freshness.

Very Peri, according to the release, also “makes a novel statement for eyes, nails and especially in hair in a variety of finishes and applications from glittery and glam to dusty matte.”

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