Step 5
Add a Drop Shadow with these settings:
Opacity: 50%
Distance: 0
Size: 5
Step 6
Change the Center - Brush 02 layer's Blend Mode to Overlay.
7. How to Style Layers
Step 1
Change the Stroke - Brush 01 - White FG layer's Blend Mode to Linear Light and its Opacity to 60%.
Double-click the Center - Brush 02 - White FG layer to apply the following layer style:
Step 2
Add a Pattern Overlay with these settings:
Blend Mode: Vivid Light
Opacity: 70%
Pattern: FDR Glitter Pattern 02
Step 3
Add a Drop Shadow with these settings:
Blend Mode: Linear Burn
Color: #8e8e8e
Opacity: 35%
Distance: 0
Size: 5
Step 4
Change the Center - Brush 02 - White FG layer's Blend Mode to Linear Light.
Step 5
Select the Center - Brush 01 - Desaturated layer, and go to Image > Adjustments > Desaturate.