Honey Balloon

The Honey Balloon an accessory requiring a Shiny Red Balloon and a Honey Comb.

This accessory increases your jump height, and upon taking damage, releases a small swarm of angry bees. These bees will cause damage to enemies.

Trivia

 * This is the only combination using the Honey Comb that uses an accessory that is not triggered by damage (Shiny Red Balloon)

Bugs
It is NOT craftable. v1.2.1.2

It does not appear in the crafting guide in 1.2.1.2 if you put the Honey Comb into the guide slot (hardmode).