Bound Armor Plan

28 Empty Socket (24 are for Armour Pieces, 4 are for the Soul Armour Forge)
112 Weak Blood Shards (take 8 more)
112 Glass
28 Diamonds

28 Filled Sockets = Empty Socket + 30,000 LP, total of 840,000 LP

1 Soul Armour Forge
4 Stones
4 Filled Sockets
1 Magician's Blood Orb

Armors are created in a 3x3 vertical grid
legend:
S - Filled Socket
F - Soul Armour Forge
. - empty
Helmet     Chestplate    Leggings    Boots
S S S      S F S         S S S       . . .
S F S      S S S         S F S       S . S
. . .      S S S         S . S       S F S

Armour Upgrade with Weak Blood Shards and Master Blood Orb
4 Weak Blood Shards for the effect,
4 Master Blood Orb for the effect cost to be free - 4 Weak Blood Orb in the Altar and 40,000 LP, total of 160,000 LP
Effects:
Helmet - Sanguine Helmet
Chest - Lava Sigil (Fire Protection) - 1 Blank Slate, 6 Lava Buckets, 1 Magma Cream, Lava Crystal
Legs - Sigil of Haste (Speed) - 1 Demonic Slate, 2 Cookies, 3 Sugar, 2 Obsidian, Master Blood Orb
Boots - Air Sigil (Falling Damage protection) - 1 Reinforced Slate, Ghast Tear, 6 Feathers, Apprentice Blood Orb

(Alternative Pieces
 Helmet + Divination Sigil (Night Vision) - 1 Blank Slate, 7 Glass, Weak Blood Orb
 Chest + Sigil of the Green Grove = free fertilizer
 Legs + Water Sigil = Water Breathing)

Armour Inhibitor
6 Gold Ingots
1 Weak Blood Shards