Answer first: dry, cold, dark and still, with the lot code where you can still read it in a year.
Store with the desiccant sachet if one was supplied, inside the secondary container rather than loose in a drawer. Residual moisture is the dominant variable in solid-state stability.
In practice, reconstituted with a preservative-containing diluent: refrigerated, conventionally treated as usable for about 28 days from first entry. Without a preservative, single use and discard.
Equilibrate before opening or you condense water into the cake.
edited 14 Jul 2024 by juliette_farnese — tightened the wording; no substantive change