Wu learned that the DeFi yield trading protocol Spectra announced that governance proposal SGP-20 has been approved and is effective. Starting from July 2, 2026, the weekly emission of SPECTRA will drop to zero, and epoch 80 will be the last cycle containing emissions. Spectra stated that this change only affects the new supply of SPECTRA; protocol trading, fixed-term markets, MetaVaults, and fee generation will all operate as usual. Gauge emissions, SGP-19 liquidity wallet allocations, and rebase are all set to zero, while the veSPECTRA lock-up, governance, voting rights, and treasury fee accumulation mechanisms remain unchanged. Previously, in 2026, almost all protocol activity came from markets outside the emission plan, with DEX trading volume exceeding $160 million and TVL around $40 million.