The least riskiest would depend on the platform you are using and what strategy you are employing. You can look at different platforms we support here: https://research.lido.fi/t/rewards-june-23-budget-update/4832. If you want to use it in another platform, you can simply LP stETH in a pool instead of collateralizing it (which is more risky in my opinion). The least riskiest would be to simply hold stETH in your wallet.
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