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Spectra Governance Proposal SGP-20 has taken effect, with new SPECTRA issuance reduced to zero.

WuSaidBlockchainW
Wu learned that the DeFi yield trading protocol Spectra announced that governance proposal SGP-20 has been passed and is now in effect. Starting July 2, 2026, the weekly SPECTRA emissions will drop to zero, with epoch 80 being the last period to include emissions. Spectra stated that this change only affects the new supply of SPECTRA, while protocol trading, fixed-term markets, MetaVaults, and fee generation will continue to operate as normal. Gauge emissions, SGP-19 liquidity wallet allocations, and rebases have all been reset to zero, while veSPECTRA locking, governance, voting rights, and vault fee accumulation mechanisms remain unchanged. Previously, nearly all protocol activity in 2026 came from markets outside the emissions program, with DEX trading volume exceeding $160 million and TVL approximately $40 million.
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GateUser-78aae297
· 8h ago
Epoch 80 becomes a limited edition, later relying solely on fees and ve rewards, the token model completely shifts.
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ExitLiquidityIntern
· 8h ago
Rebase is also gone; those who arbitraged before need to find new ways.
View OriginalReply0
CheckingEthInTheElevator
· 8h ago
MetaVaults just runs as usual, the user side is unaware, but the governance layer has completed a major transformation.
View OriginalReply0
TheSolitaryRockBehindThe
· 8h ago
It's deflationary at last, veSPECTRA lockers are overjoyed.
View OriginalReply0
GateUser-047cb6fc
· 8h ago
160 million DEX trading volume without incentives indicates real demand. Is entering now considered left side or right side?
View OriginalReply0
TokenomicsTailor
· 8h ago
Zero emissions + the accumulation of treasury fees remains unchanged. Long-term holders’ supply is becoming scarcer, but how can we absorb the near-term sell pressure?
View OriginalReply0

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