During my scripture reading, I was reminded of, and I was more informed about, the Abrahamic Covenant. In Genesis 17:1, Abraham is commanded to be perfect, and then the Lord made a covenant with Abraham (Genesis 17:2). A covenant is an agreement. For covenants to come into force, to be actualized, we have to do our part, and then the Lord is obligated to do His. In the Abrahamic Covenant, the Lord promised lands and prosperity to Abraham; but he had to be perfect for these promises to come to pass.
I can also reap these same blessings which were promised to Abraham, as an inheritance (Gal 3:18), if I am faithful (Gal 3:9). All of this comes to pass due to the efforts of my Lord and Savior, Jesus Christ (Gal 3:13, 26-29).
On this day, many of the lands which were promised are not in the possession of Abraham’s seed, but they will be restored (3 Nephi 29).