I'm trying to understand what a sensible value is for the liquidity token (LQT) parameter when calling the Liquidity Baking CPMM.
I'm reading the Dexter docs here, since the CPMM is a fork of the Dexter contract. I understand that I can specify a minimum liquidity token to be minted when calling
addLiquidity. In reading these official Dexter docs I have two questions:
What is a reasonable minimum to expect? How can I know what value to send that will still result in the contract accepting my call, but also will not result in me sending essentially free Tezos to the contract for minimal reward? Essentially, how can I validate that I'm getting a good deal?
When I call
removeLiquidityto redeem my LQT, do I know how much Tezos and tzBTC I will receive for my. LQT? Basically how do I know the exchange rate at time of liquidity removal?