Unusually long boot times with LVM Snapshots

I use LVM with full disk encryption. I also use LVM snapshots, which have prevented me from completely bricking my entire system many times.

Now the only problem is that the boot times when LVM snapshots are present are extremely long.

I boot my machine, enter my encryption passphrase and then wait for about 3 minutes. It is only after that long wait does my machine boot.

Output of systemd-analyze blame:

3min 26.155s dracut-initqueue.service                                                                 
     38.577s udisks2.service                                                                          
     32.927s dnf-makecache.service                                                                    
     29.180s accounts-daemon.service                                                                  
     25.936s systemd-journal-flush.service                                                            
     21.845s ModemManager.service                                                                     
     18.583s abrtd.service                                                                            
     18.575s avahi-daemon.service                                                                     
     18.570s bluetooth.service                                                                        
     18.147s firewalld.service                                                                        

This only happens if snapshots are present, if no snapshots are present, boot is almost instantaneous after I enter my passphrase.

Is there any way this can be solved ?

I am not even sure which component to blame for this.

Is this a GRUB2 or systemd or kernel issue?

I have read this topic

They say its a systemd issue, which has been patched in Fedora 32.

I have also read this bug:

Will --skip-mappings option for LVM help ?

Any ideas ?