I really want some low-stakes activities for new loot. Every activity dropping the same loot is boring, this would've been a nice way to add an option to get portal loot or the original activities loot pool.
But I also just want to play something low stakes and fun, FOTL kinda did that with Haunted altars.
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Sorry fam. But between Arena Ops and more overall activities in the Portal, it doesn't sound like Bungie is going to call it a failure just yet.