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Why are relations of degree 3 or less enough in a presentation of the polynomial current Lie algebra g[t]?
Let $\mathfrak{g}$ be a finite dimensional simple Lie algebra over $\mathbb{C}$.
The polynomial current Lie algebra $\mathfrak{g}[t] = \mathfrak{g} \otimes \mathbb{C} [t]$
has the bracket
$$[xt^r, yt^...