How to liquid stake an atom?

Excuse me, could you elaborate on the process of liquid staking an ATOM token? As a beginner in the crypto space, I'm curious about the steps involved in this particular form of staking. Is it similar to other staking methods, or does it have its unique requirements and benefits? Additionally, are there any risks associated with liquid staking Atoms that I should be aware of? I'd appreciate it if you could provide a brief overview of the process and any essential considerations for those looking to get started.