The strength of electron-electron interaction in a conductor is conventionally characterized by parameter r s = e 2 /( v F ). This dimensionless parameter is the ratio of the Coulomb interaction energy between two electrons separated by a typical distance, i.e., by the Fermi wavelength, to the Fermi energy in a gas of free fermions (v F is the Fermi velocity and is the background dielectric constant of the medium). Starting from a Fermi gas with a non-degenerate ground state, the system would continuously "morph" into a Fermi liquid upon increase of the interaction from r s = 0 to some moderate value. The Fermi liquid description works perfectly well, say, for alkali metals having r s ∼ 1, with the ground state and quasiparticle excitations being direct descendants of those for the free fermions.Situation changes drastically if the free-fermion ground state is degenerate: introduction of interactions then may result in emergence of new electron phases. The free-fermion spectrum may be "flattened" by applying even a small out-of-plane magnetic field to a twodimensional gas of free fermions. Landau quantization gives rise to discrete single-particle energy levels which are flat in the bulk and bend at the boundaries, creating states propagating along the boundary. Electron-electron interaction in a partially-occupied Landau level may result in a variety of phases, including the well-studied phases of the fractional quantum Hall effect.The plot thickens if the free fermions are "living" in a graphene lattice and, in addition, their Fermi level is tuned to the charge neutrality point. Application of a small out-ofplane magnetic field creates a flat level half-filled with electrons carrying the spin and valley labels. In the absence of Zeeman splitting, a slight shift of Fermi level up in energy would create a particle-like state propagating along the edge, while a down-shift would lead to a state propagating in the opposite direction. Ignoring Zeeman energy and interactions, electron states at the charge-neutrality point carry a four-fold degeneracy, on top of the degeneracy associated with the Landau level. How interaction would affect such highlydegenerate system? 1