Daily readings are available here.
Abram receives promise from God, but also learns about the expectations. God expects unconditional faith and then he grants the covenant. Abram becomes Abraham, father of nations and he obtains the promise regarding the land of Canaan. While people often strive for glory and privileges, Abraham becomes father of nations in a different sense. All those who will come after him will still need to grow into the mentality of trust, into the covenant and relationship with God.
On your part, you and your descendants after you must keep my covenant throughout the ages. These words present a serious challenge for the generations after him, those who lost the Land of Canaan (the generation of the Babylonian exile) and all those who come after them, all the way to the present times.
The journey of Abraham is unfulfilled. He dies without seeing the results. All the generations after him fall short of the perfection required. This should always motivate us and never deter us, especially when things do not go our way. We have never been promised paradise while on this earth. Abraham was tested in many trials, gold is tested in fire.