Got it from Legendary engram, perks are "precision kills drastically increase reload speed" and "ADS increases effective Range". This thing has wonderfully balanced stats and reloads SO quickly. I haven't maxed it yet, but does anyone else have any personal experience or input with this rifle?
Edit - I didn't anticipate this much discussion about this gun when I first posted this, but I do appreciate it guys/girls! Thanks :)
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Sounds like bungie's gift to me, which I dismantled because it was easily outclassed by my Another NiTC with outlaw and firefly (the same perks Fatebringer has)