वृष्णीनां वासुदेवोऽस्मि There is no reference to lord as an incarnation but as the best member of the Vrsni clan.All the divine glories in this chapter, have been described from the worldly view point.In fact they are all manifestations of the Lord.
पाण्डवानां धनञ्जयः Whatever distinction Arjuna, the Lord's dear friend possesses, is the Lord's.So the Lord declares him to be His very self.
मुनीनामप्यहं व्यास Vyasa complied the Vedas and divided them in four parts and the other scriptures are also written by him.He is known as guide to modern authors.He is been declared by the Lord as divine glory.So a striver, should think of Lord because all distinction in him , is the Lord's.
कवीनामुशना कवि Kavi is who knows the scriptural principles and Sukracarya was one of this he was an expert in the science of reviving the dead.He is known for his science of ethics and he was declared to be very self of the Lord.
दण्डो दमयतामस्मि Just punishment is necessary, for a convict to deter him, from the sinful behavior and to enable him to follow the right conduct.So thr Lord has declared it to be, Hi divine glory.
नीतिरस्मि जिगीषताम् It is the righteousness by which one gain victory and again it is righteousness which makes a victory
everlasting.So the Lord declares it to be, His divine glory
मौनं चैवास्मि गुह्यानां Silent is the most important because every person cannot know the feelings of those who keep silent.So the Lord speaks of it as His divine glory.
ज्ञानं ज्ञानवतामहम् Whatever knowledge or wisdom the wise have, is the Lord's divine glory.
यच्चापि सर्वभूतानां बीजं तदहमर्जुन The Lord gave importance to divine glories that he is the seed or the cause of the entire, animate or inanimate creation.He Himself is the creator as well as the creation.
न तदस्ति विना यत्स्यान्मया भूतं चराचरम् In this universe all the moving or unmoving, animate and inanimate all of them orginate from Him.By knowing this facts the striver should think of God alone in whatever he sees and whatever comes to his mind and intellect.