 It is known to have most of the major classes of secreted enzymes that dissolve plant cell wall polysaccharides, and has been used as a model saprobe in recent studies of ectomycorrhizal fungi.Because of its variety of enzymes capable of breaking down wood and other lignocellulosic materials, the Department of Energy Joint Genome Institute (JGI) is currently sequencing its genome.The fungus is typically reported to grow on or near the wood of conifers, although it has been observed to grow on hardwoods as well.