Does SNMP mode (v1, v2c, v3) have any effect on SNMP Traps?

Does SNMP modes (v1, v2c, v3) have any effect on SNMP Traps?

I have a Cisco 3504 with all SNMP mode disabled (see screenshot) and still sending trap messages?

https://i.imgur.com/6TMbIQY.png

Are those settings only applicable for SNMP Queries/Pull?

Thanks