Alright, I managed to improve things with the following settings:
Resolution: 3840x2160 (2K monitor)
AA: DLSS
DLSS SUPER RESOLUTION: Quality
V-Sync and frame generation: Off
Global rendering: I’ve first set it to Ultra, and then I lowered TLOD and OLOD to 100 and set Buildings to High
Now I am getting 60 FPS with GPU usage at 70%
