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Click here to see where Static Layers can be found with version 5.0+. They are enabled by default.
First, visit your slider’s main settings page, and from “General Settings”, set “Enable Static Layers” to “On.
Next, visit your slide’s list, and you’ll see a new button titled “Edit Static Layers”:
Then you’ll be taken to a new special admin section where you can create/edit static layers, set their position, etc.