The Abrahamic Covenant

Abraham was truly loved by the Lord. A covenant was made between the two of them. If Abraham and his seed live righteously then many blessings are offered. I will be honest. I never really understood what this covenant was. I mean, it's talked about all the time but I could never just find the section where it was given. It's because it wasn't in one section. It's scattered throughout the standard works. I've wanted to find it since I received my patriarchal blessing when I was 14 but couldn't so I was so excited to finally get it! hehe! Here are the promises the Lord made to Abraham's seed in exchange for righteousness.

*A Promised Land (Genesis 13:14-15)
     -For Abraham and his family they were promised Canaan.
     -Nephi and his family were taken to the Americas.
     -The early LDS Pioneers were told to go west to Utah.
     -All these "promised lands" were dependent on the righteous behavior of the people.

*A Great Posterity   (Genesis 13:16)
     -This one is pretty obvious but it's made clearer in Doctrine and Covenants 132:30

^aAbraham received promises concerning his seed, and of the fruit of his loins—from whose ^bloins ye are, namely, my servant Joseph—which were to continue so long as they were in the world; and as touching Abraham and his seed, out of the world they should continue; both in the world and out of the world should they continue as innumerable as the ^cstars; or, if ye were to count the sand upon the seashore ye could not number them. 

 *Priesthood and Gospel Blessings (Genesis 17:7)
     -Faithful heirs will possess the Gospel and the priesthood.
     -We also learn that these blessings are dependent on our righteousness, so during the apostasy the gospel and priesthood remained hidden in Abraham's seed until the Restoration. This came from:

Abraham 2:11 And I will ^abless them that bless thee, and ^bcurse them that curse thee; and in thee (that is, in thy Priesthood) and in thy ^cseed (that is, thy Priesthood), for I give unto thee a promise that this ^dright shall continue in thee, and in thy seed after thee (that is to say, the literal seed, or the seed of the body) shall all the families of the earth be blessed, even with the blessings of the Gospel, which are the blessings of salvation, even of life eternal.

Doctrine and Covenants 86: 8 Therefore, thus saith the Lord unto you, with whom the ^apriesthood hath continued through the lineage of your fathers—

 9 For ye are lawful ^aheirs, according to the flesh, and have been ^bhid from the world with Christ in God—

 10 Therefore your life and the ^apriesthood have remained, and must needs remain through you and your lineage until the ^brestoration of all things spoken by the mouths of all the holy prophets since the world began.

 *A Mission of Salvation to Others (Genesis 22:18)
     -The last part of Abraham 2:11 (quoted above) says,

shall all the families of the earth be blessed, even with the blessings of the Gospel, which are the blessings of salvation, even of life eternal.

               ---> I love this part of the scripture. It says ALL families, not just the descendents of Abraham. What a wonderful blessing! :)
     -Jesus Christ was a descendent of Abraham and Sarah and he provided the opportunity for all to receive salvation in one of the degrees of glory.
     -In Abraham 2:9 we learn the seed of Abraham is responsible for missionary work when we read,

...in their hands they shall bear this ministry and Priesthood unto all nations.

      - In Galations 3:27-29 and Abraham 2:10 we read that the people adopted into Abraham's lineage can receive the same blessings as those who are of Abraham's seed. The Lord refers to the obedient as "a light unto the Gentiles" and "a savior unto my people Israel" (D&C 86:11). What an awesome thing to be referred to.

The question to ask ourselves is:

Am I living righteous enough to be referred to as "a light unto the Gentiles" or "a savior unto [the Lord's] people Israel"?

  I am trying my best to!

Resources: Scriptures and The Abrahamic Covenant: A Blessing for All People by Kent P Jackson