“…In particular Peterson's j-basis (see Chapter 4, Section 4.5), which is defined algebraically using a leading term condition for an expansion in the divided difference basis, has an analogue (called the k-basis in [85]) that corresponds to ideal sheaves of Schubert varieties in the affine Grassmannian. Peterson's "quantum equals affine" theorem [131,88] (see Chapter 4, Section 4.7) has an analogue in K-theory: the structure sheaves of opposite Schubert varieties in the quantum K-theory QK T (G/B) of finite-dimensional flag varieties G/B, appear to multiply in the same way as the structure sheaves of the Schubert varieties in the K-homology K T (Gr G ) of the affine Grassmannian [83]. To establish this connection one must prove a conjectural Chevalley formula of Lenart and Postnikov [114,Conjecture 17.1] for quantum K-theory.…”