Abstract
We define the Higgs algebra of the projective line, as a convolution algebra of constructible functions on the global nilpotent cone , a lagrangian substack of the Higgs bundle $T^*\Coh_\P1$, where $\Coh_\P1$ is the stack of coherent sheaves on . We prove that is isomorphic to (some completion of) . We use this geometric realization to define a semicanonical basis of , indexed by irreducible components of . We also construct a combinatorial data on this set of irreducible components in the spirit of \cite{KS}, which is an affine analog of a crystal. We call it a loop crystal and give some of its properties.
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