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I think some guns start with 331 or 365 damage ( buying from vendors ect.) but the rest will have normal upgrade trees.
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Yeah I noticed that as well, looks like the only way to max the damage is with that new upgrade material
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no, the etheric light will be used only to get old legendaries such as fatebringer, shadowprice etc up to 365
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I'm not so sure. Those vendor guns do have the "ascend" bubble on them. You need etheric light to fill in those bubbles and Max it out.