I tried to search for this and found no topics. (Don't know if there is a discussion about this inside some of em)
So i think all of the equipment breaks way too quickly. I would love to leave my base and go roam a bit further but whenever i get past the first npc village my steel sword is at 10% durability and all my gear is at 40-60%.
Basically all i'm doing is gathering materials to repair my gear, its an endless loop. Durability on everything should be 10 times what it is currently, or at least have much more durability on higher tier gear or something.