Beginners sometimes confuse the "Watermark" with the "Overlay Text" or "Timecode" burn-in options available in the delivery settings. These are optional features you can toggle on or off and are not forced watermarks.
However, one question plagues almost every beginner before they hit that download button: davinci resolve free version features watermark
The free version of DaVinci Resolve does place a watermark on your exported videos by default . You can edit, color grade, and export full projects—up to 4K UHD resolution at 60fps—entirely for free without any branding overlays. When Do Watermarks Appear? davinci resolve free version features watermark