As it is, there are some problems:
[b]The glimmer cap is too low[/b] - It's way too easy to hit 25k and stay there.
[b]Glimmer is almost useless[/b] - Upgrading gear takes barely any, I'm sitting on a lot of "turn these into glimmer at the cryptarch" type of items and I can't even use them because I'm always at 25k.
This game needs a [b]glimmer sink[/b]. Glimmer has to be given some value by giving it more use and taking some of it out of the game.
For example, you could let people upgrade their vault with glimmer. Sell 1 glimmer slot for a high amount like 5k or 10k glimmer a pop. Seems steep? Yeah, but now there is some use in getting more glimmer and people would [b]love[/b] to get a bigger vault, especially those who collect shaders/emblems and exotics + other weaponry.
Well here goes, I wonder if anyone will read it.
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Make an npc that sells ascendant materials n other upgrade-materials such as spinmetals, spirit bloom etc etc make them purchasable with both glimmer n faction marks