The upside of Librewolf being a community project is also IMO its downside - there isn't any accountability and with the current climate around the world becoming more hostile to online services, I think governance is hugely important, which is why I've tried to collate everything as much as I can: https://www.waterfox.com/docs/policies/company-information/
At the end of the day, if something goes wrong, at least with Waterfox I can be held accountable.