By this merit: In the mahayana, one dedicates the merit of one’s practice and understanding for the enlightenment of all sentient beings. In this way whatever merit has been gathered will never dissipate, as it is not just for the benefit of oneself, but for all beings everywhere.
By the confidence: This Shambhala dedication is always recited after the Buddhist dedication of merit. At a Shambhala program often only this dedication is chanted.