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They're for the Trials of Osiris: the elimination style tourney thing.
You buy in, and you get a scorecard. You squad up with two others for PvP. No respawns. 9 wins, 3 losses or weekly reset, and you have to buy in again. More wins open beter prizes. Its Smash TV, baby!
Kind of on a timeframe like Iron Banner or Xur, as it's only open friday through reset (tue).
Unless you're talking about those Judgment tokens. Thats a completely different thing.
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