What can I do with Lido stETH?

I'm interested in exploring the possibilities of Lido stETH. Could you please elaborate on what kind of actions or uses I can take advantage of with this cryptocurrency? Are there any specific features or functionalities that Lido stETH offers that might be beneficial for me? Additionally, are there any risks or considerations I should be aware of before engaging with Lido stETH? I'm keen to understand how I can maximize its potential while minimizing any potential downsides.