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(+1)

You already move at half speed in lava but you are right, the jump is so overpowered it doesn't present any danger at all. I was thinking of some system where the jump is like an ability that has a cooldown and air jumps are additional charges you can collect.

(+2)

I guess what I'm trying to say is take off the half speed in lava and tone down the jumps. I think that would be an appropriate route, making the upgrades increase the rate the ability/meter fills. Once you get it figured out, I'm sure you'll find plenty more to do :P