The P.A.M. x Puma Velophasis 'Frosted Ivory' is a limited-edition sneaker that was released in January 2024. It is a collaboration between Puma and the Japanese streetwear brand P.A.M. (Public Archive of Materials). 

The sneaker is inspired by the natural tones of the earth and features a beige upper with white accents. It also has a number of P.A.M.-branded details, such as a co-branded tongue label and a P.A.M. logo on the heel.

The Velophasis is a lifestyle sneaker that is known for its comfort and versatility. It has a breathable mesh upper, a supportive midsole, and a rugged outsole. The 'Frosted Ivory' colorway is a more muted and understated take on the Velophasis, making it a versatile option for everyday wear.