From Starbounder - Starbound Wiki
Disabled: Not currently available
Parasol is currently disabled from the game. Assets for this exist within the game files, but will not be encountered through normal gameplay.
Parasol is an item that slows the rate at which players fall when held. Holding the corresponding mouse button opens the parasol, slowing the player's movement speed and preventing fall damage.
This tool exists in game files, but is not obtainable through normal gameplay outside admin commands.
- Glad Giraffe: Added