Blue Horseshoe Balloon

All of the horseshoe balloons do the same three jobs: no fall damage, a taller jump, and a jump in midair. This version has the weakest midair hop of the group, so if you are choosing which one to assemble it is the one you trade up from later. It is still an entire slot of mobility and it is usually the first one within reach.

Once wings go on, this balloon stops behaving like its siblings. Holding the jump button after your first hop starts the glide instead of spending the cloud jump, so you have to tap the second jump deliberately to get the extra height out. If you fly by mashing jump you will quietly lose it every time, which is the sort of thing that gets you killed in a vertical arena.

The upgraded obsidian horseshoe will not go into the recipe. Keep a plain one aside before you start combining accessories, or you will be back out on the floating islands looking for another.