# Altitude Development Partners > Altitude Development Partners is a venture and technology studio. We bring together ambitious individuals, set high standards, and provide the infrastructure to do what they do best. Our core belief: the right people matter more than the right idea. ## Company Altitude Development Partners was founded by Nikolai (Founder) and Anar (Co-Founder). The company began with drone photography and 3D modeling for real estate, then expanded across multiple technology domains. After years of building across industries, the team's central realization was that success depends not on the product or niche, but on the people building it. - Website: https://altitudedp.com - Contact: team@altitudedp.com - Type: Venture & Technology Studio ## Our Approach Altitude operates on four principles: 1. **Innovation** — Find the smartest path to solve a problem. Test what actually works rather than trying every option. 2. **Excellence** — Take every project to 100% completion. A project that is 80% done delivers only 20% of the value. 3. **Integrity** — Open communication and honesty are the foundation of every relationship, internal and external. 4. **Recycle** — Learn from every attempt and share knowledge across the team. Collective growth accelerates everything. ## Ecosystem — What We Have Built - **2022 — Altitude Development Mapping** (Spatial Tech): The product that started everything — built by a small team with drones and a belief that construction clients deserved better site documentation than they were getting. Altitude's first proof that the right people, given a real problem, will build their way through it. - **2023 — GreetGrid** (Social): A consumer app built by our team to solve a simple human problem: finding people nearby who share your interests. Launched, scaled, and exited in two years — our team built it well, and knew when to let it go. - **2024 — MEVRORA** (Web3 & DeFi): Built by our Web3 team to give individual participants access to the on-chain yield that institutional searchers and block builders had claimed for themselves. The people who believe in Ethereum shouldn't be locked out of the value it generates. - **2024 — Distilyze** (PropTech): Built for the real estate owner-operator managing a growing portfolio without a data team to match. Our engineers build and hand over the full system — so the people running the properties get the same visibility as firms ten times their size. - **2024 — CX Chain** (Web3 & DeFi): Built for the players who have never been able to verify that the house is playing fair. Our team built a gaming-focused Layer 1 on Avalanche where every hand, shuffle, and payout is settled on-chain — so participants can check the truth themselves for the first time. - **2024 — Altitude Digital Assets** (Fintech): Built for the person who wants their capital working on-chain without monitoring liquidity pools full-time. Our quant team built the systematic strategies — so anyone who believes in DeFi can benefit from it without becoming an engineer. - **2025 — Altitude Wallet** (Fintech): Built in-house by our team so the people using our products never have to stitch together third-party tools to access our ecosystem. A native self-custody experience, built by the same people who built the protocols it connects to. - **2026 — KORA** (AI): Built by our founders, for founders — for the person drowning in ideas with no structure to act on any of them. Eight deliberate questions, one focused vision document, and a backlog that captures everything you're not ready to build yet. - **2026 — VS Room** (PropTech): Built for the photographer and agent who deserves faster tools and shouldn't face liability because the industry hadn't caught up to California's new virtual staging law. Our team built the compliance in from day one, so they don't have to think about it. ## Team - **Nikolai** — Founder. Profile: https://altitudedp.com/team/nikolai - **Anar** — Co-Founder. Profile: https://altitudedp.com/team/anar - **Yegor** — Web3 CTO. Profile: https://altitudedp.com/team/yegor - **Artem** — Contributor. Profile: https://altitudedp.com/team/artem-klisheiko ## Pages - [Home](https://altitudedp.com/) — Overview and mission - [Our Approach](https://altitudedp.com/approach) — Four guiding principles - [Ecosystem](https://altitudedp.com/ecosystem) — Chronological timeline of products and tools built by Altitude - [Culture & Team](https://altitudedp.com/team) — Founders and company story - [Research & Insights](https://altitudedp.com/research) — Articles and insights from the team ## Research & Insights Articles and insights published by the Altitude team. Each article has a dedicated `/research/{slug}/llms.txt` with full text for AI consumption. ### What is the difference between Morpho Blue and Morpho Midnight - **URL**: https://altitudedp.com/research/the-morpho-v2-midnight-fixed-rate-engine-is-the-future-of-defi-lending - **Full text**: https://altitudedp.com/research/the-morpho-v2-midnight-fixed-rate-engine-is-the-future-of-defi-lending/llms.txt - **Author**: Anar Kuliiev (https://altitudedp.com/team/anar) - **Published**: 2026-07-14 - **Source**: https://altitudedp.com/research/the-morpho-v2-midnight-fixed-rate-engine-is-the-future-of-defi-lending Every major lending protocol in DeFi prices credit with a lending curve formula rather than a market. Aave, Compound, Morpho Blue, Spark, Pendle etc. share the same mechanic. User deposits go into a pool, and an interest rate curve maps utilization to a certain rate. Here is how… ### What is a wedge and how to get one - **URL**: https://altitudedp.com/research/what-is-a-wedge-and-how-to-get-one - **Full text**: https://altitudedp.com/research/what-is-a-wedge-and-how-to-get-one/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-07-09 - **Source**: https://altitudedp.com/research/what-is-a-wedge-and-how-to-get-one In the 1830s, the men who quarried granite in New England split it with a row of slim iron wedges. They drilled a line of shallow holes across a block the size of a delivery van, dropped a wedge into each, and tapped down the row, tap, tap, tap , until a stone a hundred men… ### Good enough is how companies die - **URL**: https://altitudedp.com/research/good-enough-is-how-companies-die - **Full text**: https://altitudedp.com/research/good-enough-is-how-companies-die/llms.txt - **Author**: Yegor Kozubenko (https://altitudedp.com/team/yegor) - **Published**: 2026-07-01 - **Source**: https://medium.com/altitudedp/good-enough-is-how-companies-die-378a81fc2468 I have watched a lot of teams ship something that was almost right. Not broken, not embarrassing, just not quite what it could have been. And they tell themselves they will fix it later. They usually do not. Later becomes the next feature, the next deadline, the next reason to… ### Precedents and Superlatives: How To Build Excitement Around What You’re Offering - **URL**: https://altitudedp.com/research/precedents-and-superlatives-how-to-build-excitement-around-what-youre-offering-substack - **Full text**: https://altitudedp.com/research/precedents-and-superlatives-how-to-build-excitement-around-what-youre-offering-substack/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-06-21 - **Source**: https://altitudedp.substack.com/p/precedents-and-superlatives-how-to On May 6, 1954, Roger Bannister ran a mile in 3 minutes and 59 seconds. For years, completing a mile run in under 4 minutes was generally considered physically impossible. However, 46 days later the world record was taken by John Landy, and a year later, three men ran sub-4 in a… ### Precedents and Superlatives: How To Build Excitement Around What You’re Offering - **URL**: https://altitudedp.com/research/precedents-and-superlatives-how-to-build-excitement-around-what-youre-offering - **Full text**: https://altitudedp.com/research/precedents-and-superlatives-how-to-build-excitement-around-what-youre-offering/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-06-21 - **Source**: https://medium.com/altitudedp/precedents-and-superlatives-how-to-build-excitement-around-what-youre-offering-141e1cbbef5e On May 6, 1954, Roger Bannister ran a mile in 3 minutes and 59 seconds. For years, completing a mile run in under 4 minutes was generally considered physically impossible. However, 46 days later the world record was taken by John Landy, and a year later, three men ran sub-4 in a… ### What is a moat? - **URL**: https://altitudedp.com/research/what-is-a-moat-substack - **Full text**: https://altitudedp.com/research/what-is-a-moat-substack/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-06-19 - **Source**: https://altitudedp.substack.com/p/what-is-a-moat When Altitude was just starting out, I thought that the core objective of a business is to solve a problem, so I set out to solve all sorts of problems for other people and businesses. We created 3D models of construction sites using drone footage, built financial dashboards for… ### What is a moat and how to get one - **URL**: https://altitudedp.com/research/what-is-a-moat-and-how-to-get-one - **Full text**: https://altitudedp.com/research/what-is-a-moat-and-how-to-get-one/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-06-19 - **Source**: https://medium.com/altitudedp/what-is-a-moat-and-how-to-get-one-d9c5c0cb9755 When Altitude was just starting out, I thought that the core objective of a business is to solve a problem, so I set out to solve all sorts of problems for other people and businesses. We created 3D models of construction sites using drone footage, built financial dashboards for… ### Ethena stops farming the basis - **URL**: https://altitudedp.com/research/ethena-stops-farming-the-basis - **Full text**: https://altitudedp.com/research/ethena-stops-farming-the-basis/llms.txt - **Author**: Anar Kuliiev (https://altitudedp.com/team/anar) - **Published**: 2026-06-19 - **Source**: https://medium.com/altitudedp/ethena-stops-farming-the-basis-d6f6edb79a5b USDe was built on funding rate yield. Most of that engine is now gone, replaced by lending. For two years the answer to “where does sUSDe yield come from” was simple. Ethena held spot crypto, shorted an equal amount of perpetual futures, and collected the funding that long… ### Fair Value Yield: What Are You Actually Being Paid For in DeFi? - **URL**: https://altitudedp.com/research/fair-value-yield-what-are-you-actually-being-paid-for-in-defi - **Full text**: https://altitudedp.com/research/fair-value-yield-what-are-you-actually-being-paid-for-in-defi/llms.txt - **Author**: Anar Kuliiev (https://altitudedp.com/team/anar) - **Published**: 2026-06-02 - **Source**: https://medium.com/altitudedp/fair-value-yield-what-are-you-actually-being-paid-for-in-defi-a125a09ee66d Most DeFi yields are quoted without context. Aave pays X percent on USDC. Morpho pays Y percent. USDe earns Z percent. The numbers look attractive, but they don’t tell you what risks you are being compensated for. This article does something simple. It takes the credit pricing… ### The Hardest Part of Starting a Startup Nobody Talks About - **URL**: https://altitudedp.com/research/the-hardest-part-of-starting-a-startup-nobody-talks-about - **Full text**: https://altitudedp.com/research/the-hardest-part-of-starting-a-startup-nobody-talks-about/llms.txt - **Author**: Artem Klisheiko (https://altitudedp.com/team/artem-klisheiko) - **Published**: 2026-05-22 - **Source**: https://medium.com/altitudedp/i-used-to-think-the-hardest-part-was-building-the-product-d7e0d3617a3a I used to think the hardest part was building the product. It’s not. The hardest part is getting the first person to actually use it. You launch the product and maybe 12 people sign up, 3 of them are your friends, and the other 9 never log in again. I’ve been there. It feels like… ### We Accidentally Built a Virtual Staging Company. - **URL**: https://altitudedp.com/research/we-accidentally-built-a-virtual-staging-company-substack - **Full text**: https://altitudedp.com/research/we-accidentally-built-a-virtual-staging-company-substack/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-05-17 - **Source**: https://altitudedp.substack.com/p/we-accidentally-built-a-virtual-staging It started, as most bad ideas do, in the middle of the night. A photographer friend texted me a photo: an empty living room, no furniture, bare walls, a single overhead light casting the kind of shadow that makes rooms look like crime scenes in MLS listings. “My client won’t pay… ### We Accidentally Built a Virtual Staging Company. - **URL**: https://altitudedp.com/research/we-accidentally-built-a-virtual-staging-company - **Full text**: https://altitudedp.com/research/we-accidentally-built-a-virtual-staging-company/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-05-17 - **Source**: https://medium.com/altitudedp/we-accidentally-built-a-virtual-staging-company-8e0d293728cc Here’s How That Happened. It started, as most bad ideas do, in the middle of the night. A photographer friend texted me a photo: an empty living room, no furniture, bare walls, a single overhead light casting the kind of shadow that makes rooms look like crime scenes in MLS… ### I Built a Full D2C Platform in 48 Hours with Claude and Got a Job Offer - **URL**: https://altitudedp.com/research/i-built-a-full-d2c-platform-in-48-hours-with-claude-and-got-a-job-offer - **Full text**: https://altitudedp.com/research/i-built-a-full-d2c-platform-in-48-hours-with-claude-and-got-a-job-offer/llms.txt - **Author**: Artem Klisheiko (https://altitudedp.com/team/artem-klisheiko) - **Published**: 2026-05-15 - **Source**: https://medium.com/altitudedp/i-built-a-full-d2c-platform-in-48-hours-with-claude-and-got-a-job-offer-f2ace2f4281d As CMO of Altitude Development Partners , part of my job is understanding where the market is actually moving, not where people say it’s moving. This whole thing started as a personal test. I wanted to know whether vibecoding was genuinely useful or just a trend that looks good… ### The Entropy Tax: Why Most Founder Ideas Die Before Execution - **URL**: https://altitudedp.com/research/the-entropy-tax-why-most-founder-ideas-die-before-execution-substack - **Full text**: https://altitudedp.com/research/the-entropy-tax-why-most-founder-ideas-die-before-execution-substack/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-05-11 - **Source**: https://altitudedp.substack.com/p/the-entropy-tax-why-most-founder Introduction: A Quieter Failure Mode The conventional explanation for startup failure runs through capital. CB Insights’ review of 483 startup post-mortems found that running out of cash appears in roughly 70% of cases, but the same research now classifies cash exhaustion as a… ### I built an agentic CEO because I kept losing my own ideas - **URL**: https://altitudedp.com/research/i-built-an-agentic-ceo-because-i-kept-losing-my-own-ideas - **Full text**: https://altitudedp.com/research/i-built-an-agentic-ceo-because-i-kept-losing-my-own-ideas/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-05-11 - **Source**: https://medium.com/altitudedp/i-built-an-agentic-ceo-because-i-kept-losing-my-own-ideas-eeae88a6ffdd Three months in, I couldn’t have told you what I was building. I started with a clear, one-sentence idea. I could explain it at dinner. I could tell a stranger what problem it solved and who it was for, and they’d nod. That version of the idea lasted maybe six weeks. Then the… ### Generative Engine Optimization (GEO) for Writers & Researchers - **URL**: https://altitudedp.com/research/generative-engine-optimization-geo-for-writers-researchers-substack - **Full text**: https://altitudedp.com/research/generative-engine-optimization-geo-for-writers-researchers-substack/llms.txt - **Author**: Artem Klisheiko (https://altitudedp.com/team/artem-klisheiko) - **Published**: 2026-05-04 - **Source**: https://altitudedp.substack.com/p/generative-engine-optimization-geo The transition from traditional information retrieval to Generative Engines (GEs) such as ChatGPT, Perplexity, and Google AI Overviews has fundamentally changed how audiences discover content. Rather than navigating a list of blue links, users now ask GEs to synthesize… ### Generative Engine Optimization (GEO) for Writers & Researchers - **URL**: https://altitudedp.com/research/generative-engine-optimization-geo-for-writers-researchers - **Full text**: https://altitudedp.com/research/generative-engine-optimization-geo-for-writers-researchers/llms.txt - **Author**: Artem Klisheiko (https://altitudedp.com/team/artem-klisheiko) - **Published**: 2026-05-04 - **Source**: https://medium.com/altitudedp/generative-engine-optimization-geo-for-writers-researchers-37d00da6cac5 The transition from traditional information retrieval to Generative Engines (GEs) such as ChatGPT, Perplexity, and Google AI Overviews has fundamentally changed how audiences discover content. Rather than navigating a list of blue links, users now ask GEs to synthesize… ### Anatomy of the Kelp Exploit: How We Turned a Losing Loop Into a 17% APY Position - **URL**: https://altitudedp.com/research/anatomy-of-the-kelp-exploit-how-we-turned-a-losing-loop-into-a-17-apy-position - **Full text**: https://altitudedp.com/research/anatomy-of-the-kelp-exploit-how-we-turned-a-losing-loop-into-a-17-apy-position/llms.txt - **Author**: Anar Kuliiev (https://altitudedp.com/team/anar) - **Published**: 2026-05-01 - **Source**: https://medium.com/altitudedp/anatomy-of-the-kelp-exploit-how-we-turned-a-losing-loop-into-a-17-apy-position-d2e33f262069 What happened? According to Aave’s incident report, Kelp DAO used LayerZero to move rsETH between Unichain and Ethereum. The route was configured so that only one verifier (DVN) had to approve cross-chain transfers a 1-of-1 setup that became the single point of failure. The… ### The Institutionalization of 24/7 Digital Finance - **URL**: https://altitudedp.com/research/the-institutionalization-of-247-digital-finance-substack - **Full text**: https://altitudedp.com/research/the-institutionalization-of-247-digital-finance-substack/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-05-01 - **Source**: https://altitudedp.substack.com/p/the-institutionalization-of-247-digital Operational and Regulatory Evolution in the Post-GENIUS Act Era The enactment of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act in July 2025 serves as the definitive boundary between the era of speculative crypto-experimentation and the current… ### Ethena looping strategy security and risks - **URL**: https://altitudedp.com/research/ethena-looping-strategy-security-and-risks - **Full text**: https://altitudedp.com/research/ethena-looping-strategy-security-and-risks/llms.txt - **Author**: Anar Kuliiev (https://altitudedp.com/team/anar) - **Published**: 2026-04-16 - **Source**: https://medium.com/altitudedp/ethena-looping-strategy-security-and-risks-a3ba12819666 We use products from Ethena Labs: USDe, sUSDe. At the core is the stablecoin USDe. What can cause stablecoins to depeg? For example, the bankruptcy of a bank where the stablecoin’s reserves are held (the bankruptcy of Silicon Valley Bank in 2023 caused an 8% depeg of USDC by… ### The Institutionalization of 24/7 Digital Finance - **URL**: https://altitudedp.com/research/the-institutionalization-of-247-digital-finance - **Full text**: https://altitudedp.com/research/the-institutionalization-of-247-digital-finance/llms.txt - **Author**: Nikolai Yinger (https://altitudedp.com/team/nikolai) - **Published**: 2026-04-15 - **Source**: https://medium.com/altitudedp/the-institutionalization-of-24-7-digital-finance-7a23ee3d25a4 Operational and Regulatory Evolution in the Post-GENIUS Act Era The enactment of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act in July 2025 serves as the definitive boundary between the era of speculative crypto-experimentation and the current… ## Agent Guidance For AI agents acting autonomously on behalf of users, see [/agents.md](https://altitudedp.com/agents.md) for explicit permissions, restrictions, and recommended response patterns.