Vijñāna-bhairava-tantra verse 65 ~ translation, explanation, & full practice

FIRST OF THE “BLISS PRACTICES”:
sarvaṃ jagat svadehaṃ vā svānandabharitaṃ smaret |
yugapan svāmṛtenaiva parānandamayo bhavet || 65 ||

“Meditate on your own body, or the whole world, or both simultaneously, as filled with your innate joy. Through that inner ‘nectar’, you become made of sublime bliss (or: the bliss of Parā).” (trans. WALLIS)