Rough two-column table, hand-sketched analytical style, no colors or branding. Title: "Dusk DvP — Narrative vs Mechanics." Left column header: "Narrative (marketing)." Right column header: "What the BIS/CPMI notes actually shows." Row 1: "Eliminates settlement risk" / "Eliminates counterparty risk on the delivery-payment link, not liquidity risk." Row 2: "Instant, seamless settlement" / "Requires both legs prefunded and ready simultaneously — no batch netting window." Row 3: "Benefits all market participants equally" / "Favors participants with existing treasury depth; smaller players absorb new prefunding burden." Plain text table, gridlines only, no icons, no gradients, looks like a working note not a graphic.#dusk @Dusk $DUSK