After Running a Lighthouse check on my home page, it suggests that I should change the large PNG's on my homepage to WebP Images, yet when I attempt to place these .WebP converted images into the backend of the website, it doesn't seem to want to accept this type of image. I was basically wondering if there is anything available to allow me to do this, without having to use extremely compressed PNG images as a compromise?
I am running version 3.40 currently on my site, and would love to start optimising the content to boost load times.