Wu said that DeFi yield trading protocol Spectra posted that governance proposal SGP-20 has passed and taken effect. Starting July 2, 2026, SPECTRA weekly emissions will drop to zero, with epoch 80 being the last cycle to include emissions. Spectra stated that this change only affects new SPECTRA supply; protocol trading, fixed-term markets, MetaVaults, and fee generation will all operate as usual. Gauge emissions, SGP-19 liquidity wallet allocations, and rebases will all go to zero, while veSPECTRA lock-ups, 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.