Sure, up to the point where you've reached your screen's refresh rate. I manage to maintain a solid 60 FPS everywhere with OBS recording and doing full-software

Sure, up to the point where you've reached your screen's refresh rate. I manage to maintain a solid 60 FPS everywhere with OBS recording and doing full-software encoding, with mid-tier hardware. By the way, you can use nvenc in OBS without GeForce Experience running.