As part of the latest Bungie Weekly Update, the developer announced that Destiny's Iron Banner limited time multiplayer event will return on Tuesday, June 2. That's when Lord Saladin will show up in the Tower with new rewards including weapons, gear, and Etheric Light for you to earn for your Crucible prowess.

This being the first Iron Banner since the launch of House of Wolves and the 1.2.0.1 update earlier this month, the event has been changed in a number of ways since the last time you saw it.

Courtesy of Bungie, below is a breakdown of what's new this time around.

• Lower-ranked Guardians on your account will receive a reputation boost to catch up to your higher-ranked Guardian more quickly
• Rewards cost less Glimmer - the grind is less real
• Etheric Light is available for purchase at Rank 3 and Rank 5
• The Gunsmith has inherited Lord Saladin’s weapon reforging service
• Power still matters, and it matters a little more as the delta between two players increases
• The Cauldron and Pantheon have been added to the playlist, along with Exodus Blue on PlayStation

In other recent Destiny news, Bungie announced new punishment measures for Trials of Osiris cheaters and confirmed that Transformers and Deadpool developer High Moon Studios is now working on Destiny.