As stated above. They only give out XP, and only XP, even the weekly ones. They don't give planetary material, or MODs, dust, or even glimmer. That's just straight-up mess up Bruh! Shoot even the Cosmodrome at least gives out planetary material. Did someone forget to flip a switch?
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His bounties are largely a waste of time and Glimmer. They don't even update on all the planets, which makes no sense at all, because there is no required planet specified. Worse yet, his weekly bounties waste even more time for XP.