I'll toss in my two cents here as well for a method I've found to work.
I use the Sony FS700 with the Odyssey 7Q and often record to Cinema DNG format.
1. Import DNGs in to Resolve
2. Basic Trimming on clips to save space and time when exporting proxies
3. Basic Color Correction (optional)
4. Deliver – Set to Round Trip to Final Cut, and export as DNxHD
**36mb/sec if your computer can’t handle editing anything more than that**
5. In Resolve, go back to Edit tab and export XML of the Timeline and save to same place as the exported files
6. Open PPro and Import XML
7. Do basic blocking and tackling for edits in PPro
**Keep in mind time remapping (rate stretch still works though), nests, PPro titles, AE comps and various effects may not transfer back to Resolve for your trip back there. Keep things simple for this, and be sure to move everything down as close to one track of video if possible.**
8. Export XML from PPro
9. Import XML in Resolve and uncheck “auto import”
10. Do your final grades to each clip
11. Deliver – Set to QuickTime Uncompressed 10bit RGB (these will be massive files)
12. In PPro – right click on folder of proxied footage and select “Make Offline”, then right click again and “Link Media” to the selected destination where you saved your final graded clips.
13. Turn on VFX, titles, AE comps, nests, time ramps, etc.
See a full write up about this workflow here, complete with screenshots:
http://www.fieldtechnique.com/tripping-with-resolve/