In Mercing still a thing?

Can anyone tell me/us what are the per of being a merc these days?
Is the loot nerfed (both from war/titan) or is it regular loot?

Thanks,

I don’t merc but there are plenty out there. I’ll let them talk about loot but I do believe they can get emblems from merc’ing rares.

For many, it’s helping others and meeting new players - that simple.