In this thesis,we investigate a class of fixed-point subalgebras Lqof the quantum torus Lie algebra.It is an infinite dimensional Lie algebra spanned by{Lmα|α∈Z+,m∈Z},subject to the following commutation relations[Lmα,Lnβ]=[mβ-nα]qLm+nα+β+(-1)β[mβ+nα]qLm+nα-β,?α,β∈Z+,m,n∈Z.where Lm0=0,Lm-α=-(-1)αLmα.Suppose that q is not a root of unity,our main results can be stated as follows.(1)We classify all invariant symmetric bilinear forms on Lqand prove that Inv(Lq,C)=Cφ,whereφ(Lmα,Lnβ)=-(-1)αδα,βδm+n,0,?α,β∈Z+,m,n∈Z.(2)We show that Lqis a finitely generated perfect Lie algebra and determine the firstcohomology group of the coefficients of Lqin the adjoint module.We proved thatH1(Lq,Lq)=CD,whereD(Lmα)=m Lmα,?α∈Z+,m∈Z.(3)We compute the second-order cohomology group with trivial coefficients for Lq:H2(Lq,C)=Cψ,whereψ(Lmα,Lnβ)=-(-1)αmδm+n,0δα-β,0,?α,β∈Z+,m,n∈Z.We also determine the universal central extension of Lq. |