Closing this thread because the discussion relates to the old browser extension UI, in which there were separate UI tabs called “Tab” (the default tab) and “Vault” (which is where the Favorites section was displayed). As of 2024.12.0, the contents from the old “Tab” and “Vault” views are now consolidated into a new “Vault” view, which is the default view (and includes the “Favorites” section).
There is some discussion about improving the display of favorites in the new UI, here: