It seems to me that the current level cap is 305. All gear that I have been getting has dropped at 300/305 depending on if it comes with a legendary mod on it. Has anyone gotten any items to drop above 305?
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I haven't gotten a drop higher than 305 and I am 305 on one character and 304 on my other two, getting powerful engrams this week hasn't given anything higher than 300/305.