Honoring and keeping our covenants brings great blessings in mortality and qualifies us for exaltation.
Scriptures referencing this idea:
And Moses went up unto God, and the Lord called unto him out of the mountain, saying, Thus shalt thou say to the house of Jacob, and tell the children of Israel;
Ye have seen what I did unto the Egyptians, and how I bare you on eagles’ wings, and brought you unto myself.
Now therefore, if ye will obey my voice indeed, and keep my covenant, then ye shall be a peculiar treasure unto me above all people: for all the earth is mine:
And ye shall be unto me a kingdom of priests, and an holy nation. These are the words which thou shalt speak unto the children of Israel.
The purposes of the Lord for the children of Israel were to create a kingdom of priests or holy people. The reality of that objective is only beginning to be realized in our day. This explains why there are so many ordained Elders in the church in our day. It has always been the objectives or the purposes of the Lord to establish the church this way. (That wasn’t the purpose of this scritpure, but it also strikes me as curious.)
And an angel of the Lord came up from Gilgal to Bochim, and said, I made you to go up out of Egypt, and have brought you unto the land which I sware unto your fathers; and I said, I will never break my covenant with you.
And again, if ye by the grace of God are perfect in Christ, and deny not his power, then are ye sanctified in Christ by the grace of God, through the shedding of the blood of Christ, which is in the covenant of the Father unto the remission of your sins, that ye become holy, without spot.
This is a fascinating side note, the promise of grace is extended to us by covenant. On what conditions does God extend to us his grace? On the conditions that we are willing to abide his covenants. That is the missing key in understanding the argument between works verses faith.