For simplicity, let's consider a hollow sphere of negligible thickness. As the body collapses, new field is generated with a negative density, in the area between the new radius and the old radius. This negative energy is balanced with an equal and opposite positive energy increase to the energy on the surface.

This energy density is thicker the smaller we go, so the interactions of this field impedes the motion of energy more as we enter the field. Making this effect proportional to the energy change relative to an equivalent system at infinity produces the observed time dilation.

This is accurate if we ignore the weight of the field. The article at wiki does not include the weight of the field in their calculations. This was not germane to thrust of your previous post, so I did not address it there.

The formula for the energy density can be derived from Gauss's law of gravity alone (well, with the assumption that the curl is 0). The binding energy for the hollow sphere model can be found to be:

The rest of your post follows, from a uniform binding energy, neglecting the energy of the field, until we get to here:

Okay so just a rough calculation in my head is that the energy of gravitation from a sun of our sun's mass, over the age of the universe is over 10^42 kg which is 100 billion times the mass of our sun., how would that work? The equivalent energy is way greater than the original mass.