Beyond its farther edge the Alppain glow burned blue just over the horizon....."But that terrible blue glare on the opposite side is exactly like the eye of fate. It accuses us, and demands what we have made of our life, which is no more. At the same time, it is grand and joyful..." 
source: A Voyage to Arcturus

Herei the character says (the blue glare of Alppain) "demands what we have made of our life, which is no more." I do not quite  understand this sentence. Here demand may mean "ask, inquire", make of may mean "understand, interpret". Even if these are partly clear, I cannot figure out the relative clause "which is no more". What do yo understand from this sentence. Can you please paraphrase?
Thank you in advance