Adaptive Syncs issues: Desktop Refreshrate drops to 30Hz with 'Adaptive Syncs' set to 'Always On'

Been having this issue going back to kernel 6.1.x, up to current 6.6.3, it persisted even after upgrading to a 6700 XT and occurs only on the desktop.
I have never been able to figure out what is causing this, might be an application. Searching it the issue does not seem to widely occur.

What could be causing the following issues and is there a fix for it?

Monitor & Display Configuration
Monitor: BenQ EX2510, 144Hz, Freesync, FHD
Display Configuration: Refresh rate set to 144Hz, Adaptive Syncs set to Always On.

Primary Issue
After System wake up from sleep, the Desktop refresh rate (monitor OSD) regularly drops to 50-30Hz, when browsing or on light desktop workloads, causing noticeable backlight flicker on dark themed applications/backgrounds.

On starting a 3D application windowed (GLXGears), or (a game) in full screen, the refresh rate reported in the OSD goes up to 144Hz, or Adaptive Syncs matching attained FPS. Switching back to desktop it drops to 50-30Hz again causing flickering.
Putting the system to sleep & wake it up, will for some duration set Desktop refresh rate to 144Hz again.

Setting Adaptive Syncs set to Automatic sets the Desktop refresh rate to a fixed 144Hz.

Secondary Issue
Setting Adaptive Syncs set to Automatic introduces another issue.
It bugs out the BenQ OSD in ‘full screen’ 3D heavy application, on Automatic the OSD no longer reports the actual current variable refresh rate based on the FPS. It reports a fixed 144Hz, in all scenarios.

And Adaptive Syncs sometimes will not enabled and working correctly in full screen 3D applications, when set to Automatic. Causing backlight flickering again in dark scenes. While the BenQ OSD reports a fixed 144Hz refresh rate.

System Info

inxi -v7azy

inxi -v7azy
System:
Kernel: 6.6.3-1-MANJARO arch: x86_64 bits: 64 compiler: gcc v: 13.2.1
clocksource: tsc available: hpet,acpi_pm
parameters: BOOT_IMAGE=/boot/vmlinuz-6.6-x86_64
root=UUID=c2c92475-3f6d-43c2-9ed5-ce58e4c5b93f rw quiet splash
udev.log_priority=3 amd_pstate=passive amdgpu.ppfeaturemask=0xffffffff
Desktop: KDE Plasma v: 5.27.9 tk: Qt v: 5.15.11 wm: kwin_wayland vt: 1
dm: SDDM Distro: Manjaro Linux base: Arch Linux
Machine:
Type: Desktop Mobo: Micro-Star model: B450 TOMAHAWK MAX (MS-7C02) v: 1.0
serial: UEFI: American Megatrends LLC. v: 3.D0
date: 04/01/2022
Battery:
Message: No system battery data found. Is one present?
Memory:
System RAM: total: 32 GiB available: 31.27 GiB used: 10.04 GiB (32.1%)
RAM Report: permissions: Unable to run dmidecode. Root privileges required.
CPU:
Info: model: AMD Ryzen 7 5700X bits: 64 type: MT MCP arch: Zen 3+ gen: 4
level: v3 note: check built: 2022 process: TSMC n6 (7nm) family: 0x19 (25)
model-id: 0x21 (33) stepping: 2 microcode: 0xA201205
Topology: cpus: 1x cores: 8 tpc: 2 threads: 16 smt: enabled cache:
L1: 512 KiB desc: d-8x32 KiB; i-8x32 KiB L2: 4 MiB desc: 8x512 KiB L3: 32 MiB
desc: 1x32 MiB
Speed (MHz): avg: 638 high: 766 min/max: 550/4822 boost: enabled scaling:
driver: amd-pstate governor: conservative cores: 1: 702 2: 704 3: 550 4: 630
5: 550 6: 706 7: 598 8: 550 9: 646 10: 707 11: 570 12: 708 13: 705 14: 570
15: 766 16: 550 bogomips: 108847
Flags: 3dnowprefetch abm adx aes aperfmperf apic arat avic avx avx2 bmi1
bmi2 bpext cat_l3 cdp_l3 clflush clflushopt clwb clzero cmov cmp_legacy
constant_tsc cpb cpuid cqm cqm_llc cqm_mbm_local cqm_mbm_total
cqm_occup_llc cr8_legacy cx16 cx8 de debug_swap decodeassists erms extapic
extd_apicid f16c flushbyasid fma fpu fsgsbase fsrm fxsr fxsr_opt ht
hw_pstate ibpb ibrs ibs invpcid irperf lahf_lm lbrv lm mba mca mce
misalignsse mmx mmxext monitor movbe msr mtrr mwaitx nonstop_tsc nopl npt
nrip_save nx ospke osvw overflow_recov pae pat pausefilter pclmulqdq
pdpe1gb perfctr_core perfctr_llc perfctr_nb pfthreshold pge pku pni popcnt
pse pse36 rapl rdpid rdpru rdrand rdseed rdt_a rdtscp rep_good sep sha_ni
skinit smap smca smep ssbd sse sse2 sse4_1 sse4_2 sse4a ssse3 stibp succor
svm svm_lock syscall tce topoext tsc tsc_scale umip user_shstk v_spec_ctrl
v_vmsave_vmload vaes vgif vmcb_clean vme vmmcall vpclmulqdq wbnoinvd wdt
x2apic xgetbv1 xsave xsavec xsaveerptr xsaveopt xsaves
Vulnerabilities:
Type: gather_data_sampling status: Not affected
Type: itlb_multihit status: Not affected
Type: l1tf status: Not affected
Type: mds status: Not affected
Type: meltdown status: Not affected
Type: mmio_stale_data status: Not affected
Type: retbleed status: Not affected
Type: spec_rstack_overflow status: Vulnerable: Safe RET, no microcode
Type: spec_store_bypass mitigation: Speculative Store Bypass disabled via
prctl
Type: spectre_v1 mitigation: usercopy/swapgs barriers and __user pointer
sanitization
Type: spectre_v2 mitigation: Retpolines, IBPB: conditional, IBRS_FW,
STIBP: always-on, RSB filling, PBRSB-eIBRS: Not affected
Type: srbds status: Not affected
Type: tsx_async_abort status: Not affected
Graphics:
Device-1: AMD Navi 22 [Radeon RX 6700/6700 XT/6750 XT / 6800M/6850M XT]
vendor: Sapphire driver: amdgpu v: kernel arch: RDNA-2 code: Navi-2x
process: TSMC n7 (7nm) built: 2020-22 pcie: gen: 4 speed: 16 GT/s lanes: 16
ports: active: DP-3 empty: DP-1,DP-2,HDMI-A-1 bus-ID: 28:00.0
chip-ID: 1002:73df class-ID: 0300
Display: wayland server: X.org v: 1.21.1.9 with: Xwayland v: 23.2.2
compositor: kwin_wayland driver: X: loaded: amdgpu
unloaded: modesetting,radeon alternate: fbdev,vesa dri: radeonsi
gpu: amdgpu display-ID: 0
Monitor-1: DP-3 res: 1920x1080 size: N/A modes: N/A
API: EGL v: 1.5 hw: drv: amd radeonsi platforms: device: 0 drv: radeonsi
device: 1 drv: swrast surfaceless: drv: radeonsi wayland: drv: radeonsi x11:
drv: radeonsi inactive: gbm
API: OpenGL v: 4.6 compat-v: 4.5 vendor: amd mesa v: 23.1.9-manjaro1.1
glx-v: 1.4 direct-render: yes renderer: AMD Radeon RX 6700 XT (navi22 LLVM
16.0.6 DRM 3.54 6.6.3-1-MANJARO) device-ID: 1002:73df memory: 11.72 GiB
unified: no display-ID: :1.0
API: Vulkan v: 1.3.269 layers: 9 device: 0 type: discrete-gpu name: AMD
Radeon RX 6700 XT (RADV NAVI22) driver: mesa radv v: 23.1.9-manjaro1.1
device-ID: 1002:73df surfaces: xcb,xlib,wayland
Audio:
Device-1: AMD Navi 21/23 HDMI/DP Audio driver: snd_hda_intel v: kernel pcie:
gen: 4 speed: 16 GT/s lanes: 16 bus-ID: 28:00.1 chip-ID: 1002:ab28
class-ID: 0403
Device-2: AMD Starship/Matisse HD Audio vendor: Micro-Star MSI
driver: snd_hda_intel v: kernel pcie: gen: 4 speed: 16 GT/s lanes: 16
bus-ID: 2a:00.4 chip-ID: 1022:1487 class-ID: 0403
Device-3: Texas Instruments PCM2902 Audio Codec
driver: hid-generic,snd-usb-audio,usbhid type: USB rev: 1.1 speed: 12 Mb/s
lanes: 1 mode: 1.1 bus-ID: 3-2:2 chip-ID: 08bb:2902 class-ID: 0300
API: ALSA v: k6.6.3-1-MANJARO status: kernel-api with: aoss
type: oss-emulator tools: alsactl,alsamixer,amixer
Server-1: PipeWire v: 1.0.0 status: active with: 1: pipewire-pulse
status: active 2: pipewire-media-session status: active 3: pipewire-alsa
type: plugin 4: pw-jack type: plugin tools: pactl,pw-cat,pw-cli
Network:
Device-1: Realtek RTL8111/8168/8411 PCI Express Gigabit Ethernet
vendor: Micro-Star MSI driver: r8169 v: kernel pcie: gen: 1 speed: 2.5 GT/s
lanes: 1 port: f000 bus-ID: 22:00.0 chip-ID: 10ec:8168 class-ID: 0200
IF: enp34s0 state: up speed: 1000 Mbps duplex: full mac:
IP v4: type: noprefixroute scope: global broadcast:
IP v6: type: noprefixroute scope: link
WAN IP:
Bluetooth:
Message: No bluetooth data found.
Logical:
Message: No logical block device data found.
RAID:
Message: No RAID data found.
Drives:
Local Storage: total: 5.05 TiB used: 1.29 TiB (25.6%)
SMART Message: Unable to run smartctl. Root privileges required.
ID-1: /dev/nvme0n1 maj-min: 259:0 vendor: Reletech model: M.2 SSD 1024GB
size: 953.87 GiB block-size: physical: 512 B logical: 512 B speed: 31.6 Gb/s
lanes: 4 tech: SSD serial: fw-rev: ECFM32.1 temp: 26.9 C
scheme: GPT
ID-2: /dev/nvme1n1 maj-min: 259:3 vendor: Lexar model: SSD NM620 1TB
size: 953.87 GiB block-size: physical: 512 B logical: 512 B speed: 31.6 Gb/s
lanes: 4 tech: SSD serial: fw-rev: V1.23 temp: 36.9 C scheme: GPT
ID-3: /dev/sda maj-min: 8:0 vendor: Samsung model: SSD 860 EVO 2TB
size: 1.82 TiB block-size: physical: 512 B logical: 512 B speed: 6.0 Gb/s
tech: SSD serial: fw-rev: 3B6Q scheme: GPT
ID-4: /dev/sdb maj-min: 8:16 vendor: Crucial model: CT500MX500SSD1
size: 465.76 GiB block-size: physical: 4096 B logical: 512 B speed: 6.0 Gb/s
tech: SSD serial: fw-rev: 022 scheme: GPT
ID-5: /dev/sdc maj-min: 8:32 vendor: Seagate model: ST1000DM010-2EP102
size: 931.51 GiB block-size: physical: 4096 B logical: 512 B type: USB
rev: 3.0 spd: 5 Gb/s lanes: 1 mode: 3.2 gen-1x1 tech: HDD rpm: 7200
serial: fw-rev: 0104 scheme: MBR
Message: No optical or floppy data found.
Partition:
ID-1: / raw-size: 857.7 GiB size: 843.16 GiB (98.31%)
used: 384.68 GiB (45.6%) fs: ext4 dev: /dev/nvme0n1p2 maj-min: 259:2
label: N/A uuid: c2c92475-3f6d-43c2-9ed5-ce58e4c5b93f
ID-2: /boot/efi raw-size: 300 MiB size: 299.4 MiB (99.80%)
used: 312 KiB (0.1%) fs: vfat dev: /dev/nvme0n1p1 maj-min: 259:1 label: N/A
uuid: 4A19-EA19
ID-3: /mnt/data raw-size: 858.48 GiB size: 843.93 GiB (98.31%)
used: 228.2 GiB (27.0%) fs: ext4 dev: /dev/nvme1n1p1 maj-min: 259:4
label: DATA uuid: 74423f52-a944-4f61-9500-f4bc683c2cef
ID-4: /mnt/data2 raw-size: 1.64 TiB size: 1.61 TiB (98.37%)
used: 103.37 GiB (6.3%) fs: ext4 dev: /dev/sda1 maj-min: 8:1 label: DATA2
uuid: 4de3dfe5-98c9-438d-9fef-7bd41d5bf67f
ID-5: /mnt/storage raw-size: 755.73 GiB size: 755.73 GiB (100.00%)
used: 608.15 GiB (80.5%) fs: ntfs dev: /dev/sdc1 maj-min: 8:33 label: STORAGE
uuid: B0A0696BA069394C
Swap:
Kernel: swappiness: 10 (default 60) cache-pressure: 100 (default) zswap: yes
compressor: zstd max-pool: 20%
ID-1: swap-1 type: file size: 8 GiB used: 1.6 MiB (0.0%) priority: -2
file: /swapfile
Unmounted:
ID-1: /dev/sdb1 maj-min: 8:17 size: 529 MiB fs: ntfs label: Recovery
uuid: AC98EB3A98EB01A6
ID-2: /dev/sdb2 maj-min: 8:18 size: 100 MiB fs: vfat label: N/A
uuid: A8EF-469B
ID-3: /dev/sdb3 maj-min: 8:19 size: 16 MiB fs:
label: N/A uuid: N/A
ID-4: /dev/sdb4 maj-min: 8:20 size: 79.88 GiB fs: ntfs label: MAIN_SSD
uuid: 5C828893828872F6
ID-5: /dev/sdb5 maj-min: 8:21 size: 331.05 GiB fs: ntfs label: DATA_GAMES
uuid: FC8038908038537E
ID-6: /dev/sdc2 maj-min: 8:34 size: 175.78 GiB fs: ext4 label: BACKUP
uuid: b2548556-eb55-44c4-bc73-91b7499dee60
USB:
Hub-1: 1-0:1 info: hi-speed hub with single TT ports: 10 rev: 2.0
speed: 480 Mb/s (57.2 MiB/s) lanes: 1 mode: 2.0 chip-ID: 1d6b:0002
class-ID: 0900
Hub-2: 1-1:2 info: Realtek RTS5411 Hub ports: 5 rev: 2.1
speed: 480 Mb/s (57.2 MiB/s) lanes: 1 mode: 2.0 chip-ID: 0bda:5411
class-ID: 0900
Device-1: 1-8:3 info: SONiX USB DEVICE type: keyboard,mouse
driver: hid-generic,usbhid interfaces: 2 rev: 2.0 speed: 12 Mb/s (1.4 MiB/s)
lanes: 1 mode: 1.1 power: 100mA chip-ID: 320f:500c class-ID: 0301
Device-2: 1-9:4 info: A4Tech XL-730K / XL-750BK XL-755BK Mice
type: keyboard,mouse driver: hid-generic,usbhid interfaces: 2 rev: 1.1
speed: 12 Mb/s (1.4 MiB/s) lanes: 1 mode: 1.1 power: 100mA
chip-ID: 09da:9090 class-ID: 0301
Hub-3: 2-0:1 info: super-speed hub ports: 4 rev: 3.1
speed: 10 Gb/s (1.16 GiB/s) lanes: 1 mode: 3.2 gen-2x1 chip-ID: 1d6b:0003
class-ID: 0900
Hub-4: 2-1:2 info: Realtek Hub ports: 4 rev: 3.2
speed: 5 Gb/s (596.0 MiB/s) lanes: 1 mode: 3.2 gen-1x1 chip-ID: 0bda:0411
class-ID: 0900
Hub-5: 3-0:1 info: hi-speed hub with single TT ports: 4 rev: 2.0
speed: 480 Mb/s (57.2 MiB/s) lanes: 1 mode: 2.0 chip-ID: 1d6b:0002
class-ID: 0900
Device-1: 3-2:2 info: Texas Instruments PCM2902 Audio Codec type: audio,HID
driver: hid-generic,snd-usb-audio,usbhid interfaces: 4 rev: 1.1
speed: 12 Mb/s (1.4 MiB/s) lanes: 1 mode: 1.1 power: 100mA
chip-ID: 08bb:2902 class-ID: 0300
Hub-6: 4-0:1 info: super-speed hub ports: 4 rev: 3.1
speed: 10 Gb/s (1.16 GiB/s) lanes: 1 mode: 3.2 gen-2x1 chip-ID: 1d6b:0003
class-ID: 0900
Device-1: 4-1:2 info: JMS578 based SATA bridge type: mass storage
driver: uas interfaces: 1 rev: 3.0 speed: 5 Gb/s (596.0 MiB/s) lanes: 1
mode: 3.2 gen-1x1 power: 8mA chip-ID: 0080:a001 class-ID: 0806
serial:
Sensors:
System Temperatures: cpu: 28.0 C mobo: 27.0 C gpu: amdgpu temp: 33.0 C
mem: 38.0 C
Fan Speeds (rpm): fan-1: 629 fan-2: 483 fan-3: 0 fan-4: 816 fan-5: 0
fan-6: 0 gpu: amdgpu fan: 0
Info:
Processes: 516 Uptime: 1d 20h 26m wakeups: 3 Init: systemd v: 254
default: graphical tool: systemctl Compilers: gcc: 13.2.1 clang: 16.0.6
Packages: pm: pacman pkgs: 1529 libs: 463 tools: pamac pm: flatpak pkgs: 0
Shell: Bash v: 5.2.21 running-in: konsole inxi: 3.3.31