Ladybug

The Ladybug is an small uncommon critter that can be found in Forests with a town during the Windy Day event (not at night). They can be caught with a Bug Net and carried in the inventory, or crafted into Ladybug Cages. They can also be used as Bait for Fishing. Touching naturally spawning Ladybugs will also increase the player's Luck, while killing them or fishing with them as bait reduces the player's Luck. The luck bonus is 0.2 for touching normal ladybugs and 0.4 for golden ones lasting for 12 minutes or until the player leaves the world.