Yes. This is a really good way to avoid two issues:
(1) Community not getting involved because they don’t have enough of a vote.
(2) Community getting frustrated that the team has outsized voting power.
I’ve seen and experienced both of these issues many times and I think it’s a good way to avoid these common governance traps. It’s no use if people don’t understand how it works though or that it exists, so it’s essential that it is explained well and frequently to the community.