Whenever you select any of the world, it will show you public event started, flashpoints, etc..., but this one additional. It shows the timer for the public event flag spawn time. Bungie pls implement this "Public event flag spawn time indicator"
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it does exist all you do is to start rally the flag then the timer starts and it also appears on the driectory when selecting the icon and it displays how long is left on the timer. and rally the flag gives you full ammo and super.