No, you won't have the tokens that way. If it works the same way as it does now, the way it has been said it will, you will get one set of tokens. The timer resets after you hit the button. I think 5 hours is definitely a bit excessive for loyalty. I work a full time job and I have to sleep. That's 16 hours right there. Plus, people have family and other obligations like needing to take care of house or vehicles or a million other things and I honestly think putting the loyalty at 5 hours feels like a push to get people to give more money, especially with the staff saying that you can pay if you don't have that time.
If bots and alt accounts are really that much of an issue that you have to drastically change loyalty, why target the symptom instead of the cause? Botting and alt accounts are against the ToS here. This is something that affects the entire playerbase mostly negatively. Trion has the same issues and they didn't need to adjust loyalty. So, why here?
And evilboy, this -is- their full time job but I am more than willing to bet they make bank and don't spend a 6 or 8 hour day managing this server or even the forums.