Based on the pre-release specifications, the Velica will support adguard home which does have (limited ability) to do some parental control.
"Use the Family protection mode to block access to all websites with adult content and enforce safe search in the browser, in addition to the regular perks of ad blocking and browsing security. "
and because it’s based on OpenWRT there are some functions you can use for further restrictions.
Suppose it depends on your definition of parental control