preferreds over common rn

Noticed $FRT.PR.C yielding way more than the common with actual asset backing. Preferreds don't get talked about much in crypto circles but the risk/reward math is cleaner — fixed income with priority in the capital stack. If you're looking for yield without chasing 40% APY degen plays, this is worth a look. Ngl been rotating some stablecoin yield into stuff like this.