Are you supposed to get any rep for a loss? Because if so I'm not.
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Edited by Kell of Kellogs: 2/1/2016 4:26:12 AMNo. You gain a medallion for a loss. You can hold up to 5 medallions at a time. These will be cashed in for reputation on your next win. You can find more information in Bungie's Iron Banner FAQ https://www.bungie.net/en/Help/Troubleshoot?oid=13674