diff --git a/backend/functions/src/email-templates/welcome.html b/backend/functions/src/email-templates/welcome.html
index c77652d6fb..f18e53d5a6 100644
--- a/backend/functions/src/email-templates/welcome.html
+++ b/backend/functions/src/email-templates/welcome.html
@@ -219,7 +219,7 @@
                                   class="link-build-content" style="color:inherit;; text-decoration: none;"
                                   target="_blank" href="https://manifold.markets/referrals"><span
                                     style="color:#55575d;font-family:Arial;font-size:18px;"><u>Refer
-                                      your friends</u></span></a> and earn 250 mana for each signup!</span></li>
+                                      your friends</u></span></a> and earn 1,000 prize points for each signup!</span></li>
 
                             <li style="line-height:23px;"><span style="font-family:Arial, sans-serif;font-size:18px;"><a
                                   class="link-build-content" style="color:inherit;; text-decoration: none;"