This opportunity works well for investors who want long exposure to Ethereum (ETH). Keep in mind, your returns are impacted by the price of ETH and this pool's yield.
Highly tested and audited smart contracts. Funds are only at risk if validators are penalized for wrongdoing, which is unlikely with multiple safeguards in place.
Pool is subject to impermanent loss if stETH depegs significantly. Staked ETH (stETH) can trade below 1 ETH as it is less liquid, has less utility, and needs to go through a withdrawal queue to exit back to ETH.