Idk I havent finished the quest yet, no one has lol. Im hoping for someone from staff to come in and clarify everything in the update. Im hoping its as such: if youre guild is not on cooldown, all secures by guild members leads to an unbound drop which puts the guild on cool down. Once the guild is on cool down you are still able to hunt the titan but will receive a bound version of the drop instead and put yourself on cool down. If this is the case I can support the update. If its not it will effect the dynamics of titan hunting pretty significantly.
BG stated in game chat that the 225 quest drops the “Bound” item needed for the “Lesser” variants of the epic items. You only get one, so then you get to decide which of the 3 “Lesser” epics you want to invent.
Toreth's reply appears to be pretty clear. And that's how I understood the original post.