What CPU voltage mode are you using? Offset? Adaptive?
Adaptive is tricky, and for me there was another setting that affected the FIVR (fully integrated voltage regulator iirc)...again your CPU might not have that. But if I enabled EPU PowerSaving that would get locked at a specific variable, 1.70v no matter what I changed. Makes me wonder if you have a similar setting here still.
Also it appears that standard ASUS UEFI screenshot duty is relegated to the F12 key. So if you can get your KB issues sorted, some screens might help.
I would suggest tuning your CPU first with offset rather than adaptive. Let me explain.
Offset is simply that and likely what you're used to. Some board used it back in the Core2 days even. It was simply +/- X.XXXv from the current VID voltage.
Adaptive, at least on Haswell is a different animal that encapsulates Offset with further features.
So I like to undervolt if I'm gonna run stock. I found that with my main rig's 4790K, that I could undervolt around -0.075 or something along those lines. That was great for me, dropped my temps a little, dropped my power consumption a couple of watts, good deal.
Adaptive allows for more finite adjustment for what happens in the turbo-spectrum of the CPU clocks. Meaning, I was able to keep my undervoltage with some number manipulation.
So first off, when Adaptive is enabled you have your baseline voltage, or VID, then your Offset which affects VID and Adaptive variables and then Adaptive which affects turbo and final voltage.
I had to do two things, first find my stable stock undervolted value of -.060v, and my OC'd overvolted value which came to 1.260v under load and what I needed to aim for. Then use Adaptive to combine them. So on my Asus Z87 Pro, which is ancient now..going on 4 years old in June...LOL. I have these settings and options:
CPU Core Voltage: Adaptive Mode
Offset Mode Sign: -
CPU Core Offset Voltage: 0.060v
Additional Turbo Mode CPU Voltage: 1.320v
Total Adaptive Mode CPU Voltage: 1.260v
So what you see is I start with a negative offset of -.060v, that brings the entire voltage range down by that value. Then I tell the IVR that I want 1.320v in turbo mode, which starts above 4.0GHz on my particular CPU. Stock turbo is 4.4Ghz, I have mine set to 4.8GHz with a 48X multi. With the adaptive setting in-place, it comes out to 1.260v, 1.320-0.060v=1.260v.
If something is not set right here, your board may ignore the values and boot at stock values. That is what my board does...I used to think the "Additional Turbo Mode CPU Voltage" was like an additional offset...made sense to me. But Asus decided that is a total voltage value but didn't really explain it in that way. Once I solved this, I solved my voltage issues as well when OC-ing my 4790K.
So hopefully that helps if you are in-fact messing with Adaptive voltage.