I have no idea why this is still a thing other than to waste players time.
It's not even like Exotics get a bigger stat boost from masterworked or even additional effects or energy. Lower the cost or make it worth the cost please.
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Exotics aren't really exotics anymore. The amount of buffs or synergy it provides these days thanks to bungie nerf and awesome sandbox adjustment that they can't properly separate pvp and pve, they are just as good if not worse than legendary gear lol. To me it just feels like extra crap to make players grind for to just vault lol