Hi there!
I have been doing checks, measuring the refresh rate in the 120Hz smart mode and I have noticed that most of the time it is at 120Hz and has only dropped to 60Hz using two applications, like YouTube or Skype for example. No adaptive frequency and it has never dropped below 60Hz. You can check this by downloading an app from the play store or from the developer options, where there is an option to measure the refresh rate in real time
I have been doing checks, measuring the refresh rate in the 120Hz smart mode and I have noticed that most of the time it is at 120Hz and has only dropped to 60Hz using two applications, like YouTube or Skype for example. No adaptive frequency and it has never dropped below 60Hz. You can check this by downloading an app from the play store or from the developer options, where there is an option to measure the refresh rate in real time