diff --git a/components/Carbon.js b/components/Carbon.js
index e59654f..65804e0 100644
--- a/components/Carbon.js
+++ b/components/Carbon.js
@@ -6,7 +6,9 @@ import ResizeObserver from 'resize-observer-polyfill'
 import toHash from 'tohash'
 import debounce from 'lodash.debounce'
 import ms from 'ms'
+
 import WindowControls from '../components/WindowControls'
+import Watermark from '../components/svg/Watermark'
 import CodeMirror from '../lib/react-codemirror'
 import {
   COLORS,
@@ -121,6 +123,7 @@ class Carbon extends React.Component {
             value={this.props.children}
             options={options}
           />
+          {config.watermark && <Watermark />}
           <div id="container-bg">
             <div className="white eliminateOnRender" />
             <div className="alpha eliminateOnRender" />
@@ -135,6 +138,14 @@ class Carbon extends React.Component {
               padding: ${config.paddingVertical} ${config.paddingHorizontal};
             }
 
+            #container :global(.watermark) {
+              fill-opacity: 0.3;
+              position: absolute;
+              z-index: 2;
+              bottom: calc(${config.paddingVertical} + 16px);
+              right: calc(${config.paddingHorizontal} + 16px);
+            }
+
             #container #container-bg {
               position: absolute;
               top: 0px;
diff --git a/components/Dropdown.js b/components/Dropdown.js
index 493d03e..81fbd54 100644
--- a/components/Dropdown.js
+++ b/components/Dropdown.js
@@ -86,9 +86,9 @@ const SelectedItem = ({ children, isOpen, color, ...rest }) => {
   const itemColor = color || COLORS.SECONDARY
 
   return (
-    <span {...rest} tabIndex="0" className="dropdown-display">
+    <span {...rest} tabIndex="0" className={`dropdown-display ${isOpen ? 'is-open' : ''}`}>
       <span className="dropdown-display-text">{children}</span>
-      <div className={`dropdown-arrow ${isOpen ? 'is-reverse' : ''}`}>
+      <div className={`dropdown-arrow`}>
         <ArrowDown fill={itemColor} />
       </div>
       <style jsx>{`
@@ -104,11 +104,16 @@ const SelectedItem = ({ children, isOpen, color, ...rest }) => {
         .dropdown-display:hover {
           background: ${COLORS.HOVER};
         }
+
+        .dropdown-display.is-open {
+          border-radius: 3px 3px 0 0;
+        }
+
         .dropdown-display-text {
           flex-grow: 1;
           color: ${itemColor};
         }
-        .dropdown-arrow.is-reverse {
+        .is-open > .dropdown-arrow {
           transform: rotate(180deg);
         }
       `}</style>
@@ -148,6 +153,11 @@ const ListItem = ({ children, color, isHighlighted, isSelected, ...rest }) => {
           padding: 8px 16px;
           border-bottom: 1px solid ${itemColor};
         }
+
+        .dropdown-list-item:last-child {
+          border-bottom: none;
+        }
+
         .dropdown-list-item:hover {
           background: ${COLORS.HOVER};
         }
diff --git a/components/Settings.js b/components/Settings.js
index edebcaf..fd018f0 100644
--- a/components/Settings.js
+++ b/components/Settings.js
@@ -100,6 +100,11 @@ class Settings extends React.Component {
               enabled={this.props.enabled.squaredImage}
               onChange={this.props.onChange.bind(null, 'squaredImage')}
             />
+            <Toggle
+              label="Watermark"
+              enabled={this.props.enabled.watermark}
+              onChange={this.props.onChange.bind(null, 'watermark')}
+            />
             <ExportSizeSelect
               selected={this.props.enabled.exportSize || '2x'}
               onChange={this.props.onChange.bind(null, 'exportSize')}
@@ -162,6 +167,7 @@ class Settings extends React.Component {
           }
 
           .settings-settings > :global(div):first-child,
+          .settings-settings > :global(div):last-child,
           .settings-settings > :global(.collapse) {
             border-bottom: none;
           }
diff --git a/components/svg/Watermark.js b/components/svg/Watermark.js
new file mode 100644
index 0000000..a8290f3
--- /dev/null
+++ b/components/svg/Watermark.js
@@ -0,0 +1,26 @@
+import React from 'react'
+
+export default () => (
+  <svg
+    className="watermark"
+    xmlns="http://www.w3.org/2000/svg"
+    width="55"
+    height="23"
+    viewBox="0 0 55 23"
+  >
+    <g fill="none" fillRule="evenodd" transform="translate(0 .5)">
+      <g fillRule="nonzero">
+        <g fill="#616161" opacity=".598" transform="translate(1 1)">
+          <path d="M47.34094 12.3042565L47.34094 7.22952023C47.34094 6.50297602 47.5303932 5.9055571 47.9132761 5.44668873 48.3054745 4.9766561 48.8535146 4.74052482 49.5369485 4.74052482 50.1396656 4.74052482 50.5911663 4.91831481 50.8677327 5.28412438 51.1283974 5.62890107 51.2547121 6.097364 51.2547121 6.68422795L51.2547121 12.3042565 53.00162 12.3042565 53.00162 6.52591729C53.00162 5.52036619 52.776058 4.74383957 52.3318147 4.18893698 51.9001889 3.64979503 51.2194293 3.37729412 50.2673588 3.37729412 49.6663072 3.37729412 49.1694081 3.50125861 48.7721489 3.74607185 48.3703725 3.9936688 48.0436564 4.34436241 47.7905366 4.80193246L47.34094 5.61467775 47.34094 3.59717004 45.5940321 3.59717004 45.5940321 12.3042565 47.34094 12.3042565zM48.5191991 3.34272779C48.9972773 3.04810941 49.5814905 2.90236214 50.2673588 2.90236214 51.3558099 2.90236214 52.1764342 3.2308494 52.7070999 3.89370182 53.225148 4.5407936 53.4807245 5.42064901 53.4807245 6.52591729L53.4807245 12.7791884 50.7756076 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diff --git a/lib/constants.js b/lib/constants.js
index f1af70a..f066ade 100644
--- a/lib/constants.js
+++ b/lib/constants.js
@@ -460,5 +460,6 @@ export const DEFAULT_SETTINGS = {
   widthAdjustment: true,
   lineNumbers: false,
   exportSize: '2x',
-  titleBar: ''
+  titleBar: '',
+  watermark: false
 }