Following are the steps to add text to a video in DaVinci Resolve,
Visit the Edit page at the bottom of the screen.
Go to the Effects library in the top left-hand corner and a pop-up window will appear in the lower left corner of the page.
In the effects toolbox, click on Title and browse to Text. You can drag and drop the text icon into your timeline to create a basic text layer.
Edit the text font, colour, size, and position in the video tab on the top right-hand side of the screen.