You took the words right out of my brain.
The entire reason I only play Destiny 2 on Tuesdays anymore, is because the loot is boring as hell.
Small-ass amount of "activities"/content, that they expect you to repeat ad-nauseum for the exact same loot every single time.
That makes a loot shooter like Destiny boring as hell when the loot doesn't make the effort to complete an activity a worthwhile endeavor.
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I'll say it again... when 90% of my loot is an exact duplicate, it makes 90% of my time and effort pointless.