Abstract

Given a klt singularity $$x\in (X, D)$$ , we show that a quasi-monomial valuation v with a finitely generated associated graded ring is a minimizer of the normalized volume function $${\widehat{\text{vol}}}_{(X,D),x}$$ , if and only if v induces a degeneration to a K-semistable log Fano cone singularity. Moreover, such a minimizer is unique among all quasi-monomial valuations up to rescaling. As a consequence, we prove that for a klt singularity $$x\in X$$ on the Gromov–Hausdorff limit of Kahler–Einstein Fano manifolds, the intermediate K-semistable cone associated with its metric tangent cone is uniquely determined by the algebraic structure of $$x\in X$$ , hence confirming a conjecture by Donaldson–Sun.

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