Because God is our Father, He honors us. Although we are tempted to hate and dishonor ourselves when we begin to see the enormity of our sins, the Lord commands us to love ourselves (Lk 10:27). He forgives and honors us. Conversely, Satan, who initially told us our sins were not sinful, later accuses us night and day (Rv 12:10) and tries to put us on a guilt trip leading us to despair. But when we are tempted to hate ourselves, the Lord runs out to meet us, throws His arms around our necks, and kisses us (Lk 15:20). He honors us in very practical ways and even has a special reception in our honor (Lk 15:22-23).
Moreover, our heavenly Father commands us to honor and worship Him. We must especially honor our fathers and our mothers (Ex 20:12) in response to being already honored by Him. The Lord commands us: "You must esteem the person of every man. Foster love for the brothers, reverence for God, respect for the emperor" (1 Pt 2:17).
In summary, "worthy is the Lamb That was slain to receive power and riches, wisdom and strength, honor and glory and praise!" (Rv 5:12) In Jesus, we are honorable and honored by the Lord. We pass on this honor to everyone — even our enemies — and in a special way to our parents. We are "on the honor system."