As I noticed, its working like that: you have to do all 5 of the daily quests (acquire in Protector Enclave), then the first Protector Bounty opened gives you 1 piece of Protector Figurines. If your in party and someone uses Protector's Hopitality, it can give you randomly further Figurines. So in short, description is wrong, not the quest itself gives you Figurine, rather the first Bounty used after finishing the quests.
I have reported the same bug and been asked to post it here. I receive the daily figurine from the bounty but nothing from the Elimster quests.
You are not supposed to get the figurine from the quest. You get the figurine from the first bounty you open for the day (it is in the tool tip of the bounty)... and for whatever reason the new day starts at UTC 0:00.
*** The game can read your mind. If you want it, you won't get it. If you don't expect to get it, you will. ***
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So in short, description is wrong, not the quest itself gives you Figurine, rather the first Bounty used after finishing the quests.