I never used this exotic before today so I don't know if this is something new that happened with the 2.4.0 patch or something pre-existing but couldn't find anything online for it. I decided to dust off my bladedancer subclass today and make use of the shorter grenade cooldowns with the ATS/8. After a couple minutes of gameplay I noticed that the recharge times didn't feel any shorter than they normally do, so I opened my stopwatch app and did some tests. I tested all 3 bladedancer grenades (Flux, Skip, Arcbolt) and all 3 took exactly 25 seconds to recharge. Again, each grenade was tested wearing the year 2 ATS/8 Tarantella with Tier 5 Discipline. So, unless I'm missing something here, that perk on the ATS/8 seems to [b]not[/b] be working as intended.
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I haven't used it but if this is an issue, it needs to be looked into.