1. Open “Sound Library” tab
To access Sound Library tab, open Davinci Resolve and switch to Fairlight tab from the bottom menu. Then, click Sound Library from top-left menu.
2. Add your sound samples folder to the library
Click on Add Library button or use ... menu on top-right corner of the Sound Library panel.
3. Browse the sound samples
After you add the folders your sounds will be displayed when you type the name of the sound file. OR you can type three asterisks *** sign into the search bar to display all tracks available in the folder you selected for the library.
For detailed instruction you can refer to the video