You need DaVinci Resolve Studio for the studio features. The software updates frequently and you should also consider when to do those updates amongst your project/job work. The updates are currently at no cost and have been since v8.
In every case, you should back up active projects and also the overall database. Please read this for details
viewtopic.php?f=21&t=71881So, the version of Resolve that comes with your dongle is quickly out of date, but you can simply upgrade by backing up, downloading the new version and installing. Then update the backed up database to the new version so you dont loose your projects.