The 12 and 12 mini are using different displays entirely. I cannot even speak with accuracy for the 12 Pro Max, although it does use the same display (a larger version of it) Apple could be using different settings.
The flicker being manageable and whether you have a problem or not is EXTREMELY subjective and would require personal trial in my opinion.
I have a Motorola Nexus 6 that uses AMOLED with PWM and I can use it all day long until the very very low range brightness kicks it into flicker town. However, personal experience of trying to use (among others) Samsung Galaxy S7,8,9,10 devices including the S10e, Pixel 2 XL, Pixel 3 XL, Samsung S10 5G, iPhone X, iPhone XS, iPhone XS Max have all caused me issues almost immediately upon use.
Here is the ixbt (another foreign language website that specializes in in depth technical review of smartphones) review of the Nexus 6 in Russian and English, so that you may view the frequency graphs relating to the Nexus 6.
Russian
English Translation (Google)
View attachment 1670177
As can be seen, a 60hz pulse with extremely shallow amplitude is in use here in the Motorola Nexus 6. I can be comfortable using the phone at anything above 25% brightness.
However, the frequency of the pulse is not all that is at play with this problem. I have seen in several reviews of other devices that the modulation frequency and likely amplitude can vary based on zone (different parts of the display flickering at different rates). A lot of flicker tests are done with a pure white background which would show the base rate, but if you introduce a gradient or a mishmash of colours you will observe that the rate and/or amplitude is actually different based on exactly where on the screen you take measurement.
The above information is why I suspect that those users such as the youtuber Zollotech and several users of this forum claim that the 11 Pro is tolerable to them despite the actual base PWM frequency not changing that much when measured from an all white image being dimmed. It may be that Apple are more aggressive with reining in areas of the screen that may be flickering excessively and bothering users, and this variable has been largely overlooked by people suffering with the issue in my opinion. Everyone is focusing on the base rate, 60hz, 240hz, whatever it is but not at all that only one part of the screen may be doing that, 75% or even all of it may be behaving differently in actual real world usage scenarios.