Blood covenant means that both parties share in all things they have

John 16:14-15 NKJV
[14] He will glorify Me, for He will take of what is Mine and declare it to you. [15] All things that the Father has are Mine. Therefore I said that He will take of Mine and declare it to you.

Ephesians 1:3 NKJV
[3] Blessed be the God and Father of our Lord Jesus Christ, who has blessed us with every spiritual blessing in the heavenly places in Christ,

Likewise, our part is to give God everything we have.

Luke 9:23-24 NKJV
[23] Then He said to them all, "If anyone desires to come after Me, let him deny himself, and take up his cross daily, and follow Me. [24] For whoever desires to save his life will lose it, but whoever loses his life for My sake will save it.

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