It's actually a different issue altogether. The thing is, the watch doesn't magically make your dreams more vivid - it's more that you've started paying attention to them. When you buy a device that's supposedly tracking something, you naturally start preparing for it in the evening. Instead of falling asleep on autopilot, you're thinking about sleep phases, about how the watch measures them. That state of mild anticipation plus curiosity is perfect for remembering dreams better. Plus, if you've actually started maintaining a more regular sleep schedule (which often happens with trackers), your sleep quality just improved overall.
But here's what a lot of people miss: try turning off the watch's notification vibrations at night and moving it further away from your face. Often it works the opposite way - periodic vibrations or even just the screen's glow can fragment your sleep and create the illusion of "active" nights. When you remove these interruptions, your sleep becomes deeper, and then either your dreams actually do become clearer, or you just don't wake up at night and don't remember them. Give it a week or two and you'll notice the difference.