What are the effects of lye on the skin and how can they be mitigated or treated?

Lye can cause skin irritation, burns, and damage if not handled properly. To mitigate these effects, it is important to wear protective gear like gloves and goggles when working with lye. If skin comes into contact with lye, immediately rinse with water and seek medical attention if necessary. Applying a neutralizing agent like vinegar can also help neutralize the lye.