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Demazure modules and graded limits of minimal affinizations

For a minimal affinization over a quantum loop algebra of type BC, we provide a character formula in terms of Demazure operators and multiplicities in terms of crystal bases. We also provide a simple formula for the limit of characters. These are achieved by verifying that its graded limit (a variant of a classical limit) is isomorphic to some multiple generalization of a Demazure module, and by determining the defining relations of the graded limit.