Pavlov
Performance Issues
If you are getting WAY not enough performance (EG 30fps when it should be 120fps), chances are you're suffering from the OpenXR Hand/Face Tracking bug. This can affect you even if you aren't using a Vive headset. It happens if you have the Vive drivers installed.
Problem: Dave didn't disable face/eye tracking in UE so the game makes calls to the OpenXR Vive Hand and Face tracking APIs every frame, slowing the shit out of the game. No he won't fix it.
Solution:
First try going to steamvr settings, openxr, layers, then turn those two off
Alternative solution:
If you don't need face tracking (which you need if you're using vive face tracker or some derivative tech) Delete/rename the Vive openXR addons. Something like: Steam post
EG:
Vive Console folder:
F:\steamlibrary\steamapps\common\VIVEDriver\App\ViveVRRuntime\ViveVR_openxr
Folders with OpenXR addons to rename
ViveOpenXRFacialTracking_back
ViveOpenXRHandTracking_back
ViveOpenXRSRWorks_back
Most likely on Vive Console update you'll have to do it again.