Not the best of ideas. Squatting is much more stressful on the CNS than olympic lifts. In order to successfully cause adaptation, homeostasis must be challenged, but the workload required to do this on squats is going to be too much to do everyday, and if you reduce the volume so you can get through seven days a week, you are no longer going to be providing enough of a stimulus per session to cause adaptation. I do believe that a vast majority on this forum are not advanced enough that they can benefit from 3x a week squatting, and even the most advanced people on this forum would probably benefit more from 2x a week squatting rather than 1x a week. 1x a week typically gives too much time to recover from a stimulus (on squats) and then the rest of the time is just stagnation or regression. The more sessions you can provide a strong enough stimulus to cause adaptations, while simultaneously providing sufficient time for recovery, the better you will be.