No it is not, because the policy layer is directly based upon the people using it. Join the e.V. if you use Codeberg and get you voting rights.
Then as long as people actually keep an eye on what is being voted and don't vote their own powers away corposcum won't take anything...
But in some sense we've tried the same thing for controlling the corporations with the stock market and shares. However then the gold standard was abolished and banks could just print money (simplified)and