When you edit a Tif in Lightroom, the edits are what's called "parametric." They exist only in the LR catalog. So, there is no chance for image damage or degradation until you export the image to a new, separate Tif (or jpeg) file. You can revisit the edits over time with no problem. All you are doing is changing the values in the LR catalog. Nothing really happens until you export.
Making repeated visits to Camera Raw, either via Smart Object or simply "Edit in Camera Raw" of a Photoshop layer does cause a little damage, but it's not very significant. That's because Camera Raw uses a unique colorspace and must convert the image to that colorspace and back again. Pixels don't all survive colorspace round trips.
If your image in Photoshop is in 16 bit Prophoto colorspace, the damage is minimal because that is very close to the Camera Raw internal colorspace. But if your image in Photoshop is in 8 bit sRGB, the damage is greater.
In Photoshop, you can measure the "damage" using 2 pixel layers and "difference" mode. Save a base image. Then pass that image through Camera Raw a few times. Then re-load the original base image and place it as a layer on top of the layer that has passed through Camera Raw. Put that top layer in Difference mode (and see a black screen). Then display the Histogram Pallet and look at the StdDev value.
Any StdDev value greater than zero says there is a difference. The bigger the StdDev value, the greater the difference. StdDev values less than 1.0 are insignificant and won't be visible anywhere. The more times you pass an image through Camera Raw, the greater the difference.