Beyond Light launch was met with mixed reception for several reasons, one of them being the lowered loot pool. It should be addressed with patch 188.8.131.52 in Destiny 2.
Looter shooters are described in the sub-genre's name and you know something is wrong with a game when it doesn't offer enough or good enough loot farm and look forward to.
Destiny 2 ran into this problem with the release of Beyond Light since the release of the expansion also meant the removal of several in-game locations and their associated activities which meant the loot unique to them would be going away.
Bungie folks are trying to plug this hole with hotfix 184.108.40.206 for Destiny 2 which brings back some of the items that went to the Destiny Content Vault (DCV) previously. These include:
- Seventh Seraph weapons from the Season of the Worthy
- Season of Arrivals Seasonal and planetary reprisal weapons
The first group's content is pretty obvious - anything with "Seventh Seraph" in the name will be brought back. As for the "planetary reprisal weapons" and the rest of the second group, the players have figured out that these include Berenger's Memory , First In Last Out , Ikelos SR v1.0.2 and Ikelos SMG v1.0.2 .
Considering the appeal of the Seventh Seraph weapons in conjunction with seasonal mods, they might still be in high demand. The shotgun is also highly effective in PvP so a decent roll may be worth hunting.
While the loot pool may remain around the same size overall, it is only because Bungie booted the weapons that would sunset with the end of Season of the Hunt which is kind of fair since it's hard to imagine someone would farm for a weapon that would stop being useful in power-enabled activities next season.
Oh, and if you are looking to give some of the old favourites a try in Strikes, you can do so now since their power level is at 1050 now, as opposed to some being 1100 previously.