Foam Commodore's Hat

This is a peaked, tri-corned hat made entirely out of bath bubbles, with a feather sticking out of the side that is also made entirely out of bath bubbles. You can use your imagination to pretend it's made of something else (like you can imagine commanding a fleet of ships while you're in the bathtub), but why would you? Bubbles are awesome.

When worn, it increases your Dexterity by 2 and your Strength by 1. However, each hit you take pops some bubbles and makes the hat smaller. After being hit 3 times, the hat is gone.