Took off standard ring that faded (8)
I believe the answer is:
parodied
'took off' is the definition.
(I've seen this before)
'standard ring that faded' is the wordplay.
'standard' becomes 'par' (standard of play in golf).
'ring' becomes 'O' (letter resembling a ring).
'that faded' becomes 'died' (I've seen this before).
'par'+'o'+'died'='PARODIED'
(Other definitions for parodied that I've seen before include "Took off l" , "get taken off" , "Imitated in a satirical way" , "Made a spoof of" .)