Dmg just recently posted this

So Oathkeeper the hunter exotic gauntlets that were supposed to decrease bow draw times never really worked that well and only added a barely noticeable difference.

Instead of tweaking the exotic to work properly, Bungie is removing “Bows charge faster” from the description of the perk in an upcoming update. This armor piece will continue to give a minor decrease to charge times, but will no longer be called out as an aspect of the exotic perk.
Moving forward, the focus of this exotic will be that players may hold bow charges indefinitely, with the benefit of Perfect Draw being applied to arrows fired, even after longer hold times.

I don't know about anyone else but with how much movement there is in Destiny I very rarely if ever run around holding a charged bow so this exotic is now tied with the Aeon exotics for biggest waste of an exotic slot.