"An item that you received from the king on the Great Plateau. It allows you to sail through the sky."
The Paraglider is an item found in Breath of the Wild. It is gifted upon Link from the King of Hyrule after he has completed all four trials in the Great Plateau. It allows Link to exit the Great Plateau alive, and explore what remains of the Kingdom of Hyrule.
This item functions much like previous 'gliders' in the franchise, such as the Deku Leaf, or Ezlo's gliding ability in The Minish Cap. This time, Link can use the Paraglider for longer than ever before, as it only consumes stamina at a slow rate. It can be used to glide over large gaps, or to break falls, much akin to the Sailcloth.