I was trying to work it out today, i started a new acc 2 days ago n got really overwhelmed by the huge planetary quest I had to before I could even access the moon (imagine making new players do pub events, bounties, adventures, lost sectors on all 8 planets and a full escalation protocol and 2 blind wells, THEN gambit, gambit prime THEN gambit bounties THEN a frame for Ada THEN Ada bounties) literally took me a full day. Then today I did the moon story, worked out I'd completed around 60 bounties at least, Inc the 2 weekly gunsmith ones, yet I only had 300 dust!
I went back round n grabbed 8 bounties from shaax, zavala, ikora, driftr and Eris, from those 40 only 3 offered dust as a reward. 2 where really bad ones like 10 nade kills in crucible, 15 melee kills in crucible. I completed 1 and it gave me 10 dust. It's clearly just a cash shop now.
New players can't buy the Halloween armour for dust even if it's sold, they simply can't earn enough dust.