This issue arises from this issue, summarized here.
In brief: for the Token Filter module, the short-form tips for the text filter, which appears in the "Formatting options" fieldset, doesn't show what tokens can be used. The long-form tips, which appears on the "Compose tips" page for the format (at path /filter/tips/<format>), includes the relevant token browser. This situation led to the realization that in general, there's no easy way to go to the "Compose tips" page for a text format or otherwise see the long-form tips from the "Formatting options" fieldset, or for a user to even know that more tips information is available.
A simple fix might be to simply add to the bottom of the short-form tips a link to the long-form "Compose tips" page, called something like "more information".
A perhaps nicer fix might be to allow the user to toggle between the short-form and long-form display within "Formatting options", or to toggle the long-form display of tips as an overlay—in either case, avoiding having to leave the page to see the detailed description.
Is this notion worth pursuing? If so, I would be willing to work on a PR.
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This appears to be the issue that was created, https://github.com/backdrop/backdrop-issues/issues/6401
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