Anyone else using Oculus Rift S and playing VRchat through the Oculus store instead of Steam?

I noticed the game is much more stable and higher FPS through Oculus store, not to mention you can hide your shameful playing of this game by using the oculus store instead. 

However I get this weird "ripple" effect, like water, whenever the FPS drops down and when it drops down it doesn't drop 1-2 frames, it drops always from 80 (Rift S refresh rate) to exactly 40 and if I look at my hands they look like ripple. It's really weird to see this and I prefer how Steam does it. I'm really starting to dislike this Oculus headset because Steam just seems like the real way to go, because they are constantly updating and coming up with new VR stuff to boot like the trackers for example. Not to mention Advanced VR settings aren't even available to Oculus, like OpenVR stuff. So I can't fuck around with playspace.

Needless to say my Index order is already been placed but I might not get one until later this year due to the backlog thanks to corona. It really sucks and the only Index I saw being sold here was by some scalper who sold his for 2000€, no joke.