[FIX] Slow cold starts, fix unnecessary executions of useEffect

[Fatxx]

Development & PR Process

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2. Add release-xx label to identify the PR slated for a upcoming release (will be used in release discussion)
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Description
This PR fixes slow cold start.
There is still a place for improvement since we have a lot of asynchronous functions running when bootstrapping the application, from my discoverings Analytics init and any reads from Async Storage tend to be slow but that's something that we explicitly need for the app to work.

Removed unnecessary use of await.

1. What is the reason for the change?
useEffect is executing multiple times causing unnecessary reads from Async Storage.
2. What is the improvement/solution?
Force only one execution (onMount)

Screenshots/Recordings
Before: https://recordit.co/X1VFwVcQrh
After: https://recordit.co/R4OdM5QTM2

Issue

Progresses #5382

Checklist

• There is a related GitHub issue
• Tests are included if applicable
• Any added code is fully documented

[github-actions]

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[Cal-L]

Nice improvement. LGTM