So, there will be a cooldown timer for bounties and a minimum bounty. Bounties will be collectable anywhere on the map but cannot be claimed by the person who placed the bounty, or by friends/town mates of the bountee. Players will only be able to have a bounty placed on them once every 24hr I believe is what was settled on. This is a reasonable system within the theme of the server. If you want your items to be 100% secure place them in an lwc.Then what is keeping people from putting a 1S bounty on some one, stalking them for 10 min, then killing them?
Edit: not sure what was agreed on for minimum bounty but I would say that the minimum should be at least 100s but probably 250s as a minimum would be better as to prevent trolling and abuse.