Telemetry is a 30 minutes xp boost..
So all bounties, daily/weekly/nightfalls, kills you do all go towards your selected weapon.
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Do all your bounties and have them ready to cash in. Go in to your nightfall or weekly. Just before you put the final shot into the end boss put your telemetry on and use the weapon you are upgrading to kill the boss. Quickly cash in the bounties and do the daily. Should have a good 26-28 minutes if your quick. Can get a good few upgrades this way. Max out a weapon in two days if you do nightfall one day and weekly the next.
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Couldn't have said it better! Also if you are familiar with the double bounty ability, when you log out of destiny your telemetry will remain active, allowing you to "double dip" those bounties..
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I will have to look into this thanks