Peercoin's Area 51 for Smart Contracts
PeerScript labs is Peercoin's Area 51 for smart contracts. It is a test ground for the development of specialized Peercoin transaction scripts. Other projects benefit form PeerScript Labs by integrating scripts developed and proven on this test ground.
Currently these scripts work well on testnet. On mainnet, spending non-standard P2SH transactions are processed at lower rate as the should be processed by the PARS nodes. We are working on getting relaxed P2SH rules into the peercoin protocol, in the mean time you can help these scripts on mainnet by minting using a PARS client.