Here’s a simple class for a template tag that caches its output (with apologies to Chris Parnell and Andy Samberg):

from django.core import template
from django.core.cache import cache
from django.conf.settings import DEBUG

class CachedNode(template.Node):
    Cached template node.

    Subclasses should define the methods
    get_cache_key() and get_content() instead of the
    standard render() method. Subclasses may also
    define the class attribute cache_timeout to
    override the default cache timeout of ten minutes.

    cache_timeout = 600

    def render(self, context):
        if DEBUG:
            return self.get_content(context)
        key = self.get_cache_key(context)
        content = cache.get(key)
        if not content:
            content = self.get_content(context)
            cache.set(key, content, self.cache_timeout)
        return content

    def get_cache_key(self, context):
        raise NotImplementedError

    def get_content(self, context):
        raise NotImplementedError