No, in an attempt to maximize velocity, a team may in fact achieve the opposite. If asked to maximize velocity, a team may skimp on unit or acceptance testing, reduce customer collaboration, skip fixing bugs, minimize re-factoring. While potentially offering short-term improvement (if you can call it that), there will be a negative long-term impact. The goal is not to maximize velocity instead the optimal velocity over time, which takes into account many factors including quality of the end product.
Agile Testing Interview Questions