I like what I see with Obsidian in my test drive but it's a proprietary tool with a license that only protects the company, no terms of service, no privacy poli

I like what I see with Obsidian in my test drive but it's a proprietary tool with a license that only protects the company, no terms of service, no privacy policy or even a statement about data usage and collection. I get that the md files are stored locally, but I have no way of knowing what information about my files is collected and stored. I'd like to use it but I'll need a little more on the transparency side of things.