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The latest Bungie weekly update posting contains a wealth of new information from the studio but perhaps most important thing mentioned this week is information on how Xur will work in Year Two.

Xur, for those unaware, is an NPC that shows up each weekend and sells a number of exotic and unique items that you can purchase with Strange Coins. In Year Two, Bungie is changing things up a bit with regards to what Xur will sell and when. Here is what Senior Design Lead Tyson Green has to say about the new changes.
In Year One, Xûr was a community “loot drop,” a shared rallying point that everyone could cheer or curse. In Year Two, Xûr’s offerings have been changed so that he will select either a specific Exotic Weapon or an Exotic Engram for sale every week. This change is due primarily to our desire to give players more direct paths to acquiring the Exotics they want through Quests and gameplay experiences, and to avoid repetition in his inventory.

Xûr will also sell a new consumable, the Three of Coins, which gives bosses a chance to drop Exotic Engrams, including Weapon Engrams. These consumables have a cumulative luck effect, so even if one doesn’t net you a drop, the next one has a higher chance to do so.

Lastly, Xûr will also choose a Legacy Engram every week. These Engrams contain Year One Exotics (at Year One Attack and Defense levels) for players who want to finish up a Collection. They strongly bias towards Exotics not already in your Blueprint Collection, to help fill in the blank slots - excluding Mythoclast and Necrochasm, which are still only available from their Year One sources.

If Xur's schedule remains unchanged, you should find him appearing somewhere in the early hours tomorrow morning.