So, imported 8K footage to Premiere Pro 2022 (v22.5) . Right click, create proxies. Footage is 360 video so I choose "DNxHR VR Monoscopic proxy" with watermark. Media encoder transcodes files. Toggle proxies is on (blue) and marks on clips in sequence show that proxies are on. Watermark is visible on clips in Program monitor. The only problem is that video is as choppy as if I wasn`t using proxies. Right click on a clip in sequence and "Reveal in Explorer" shows original file not the proxie one? Detached, atached proxies multiple times to no avail.
In Premiere Pro 2021 everything works as advertised. Same original files, same Proxies.