PChop
Re:Reddit Acquires Alien Blue, the Most Popular Unofficial Reddit App
on Wednesday October 15, 2014 @11:35PM (#8463233)
There's a very configurable script for fading seen/hovered/clicked links and it works on multiple sites including Reddit obviously and HN as well. This is more or less right up your alley:
https://github.com/Farow/userscripts/blob/master/reddit-fade...