"Distance between elements" constraints cannot be set equal or proportional to each other.
So you have a couple options, with the most straight-forward and easiest (in my view) being to use a "container view" to hold "MyView"
Start by adding your Top/Bottom and Left/Right views. I've set them with these width/height constraints to demonstrate. Constrain them Top, Leading, Trailing and Bottom, with Top and Bottom centered horizontally and Left and Right centered vertically:

Now add a UIView
that we'll use as a "container view" -- I gave it a red background to make it easy to see:

Constrain each side of the container view to each of the other views (Top to Bottom of TopView, Leading to Trailing of LeftView, etc).
If you run the app now, you'll get this result:


So far, nothing special.
Next, add your "MyView" as a subview of the container view... and we're going to get a little tricky with the constraints.
The easy parts:
- proportional constraint of
1:1
- constrain it centered vertically and horizontally in container view
Next:
- add Top/Bottom/Leading/Trailing constraints of ZERO
- Edit each of those constraints and set their Priority to
750
Now:
- add another set of Top/Bottom/Leading/Trailing constraints of ZERO
- Edit each of those constraints and set them to
>=
Your Storyboard should look like this:

and, when we run the app:


Here's how it looks when the container view background is set to clear
:


As you see, the center "MyView" fills as much space as possible while remaining at a 1:1 ratio, and there is equal spacing Left/Right and Top/Bottom.
If you want a little "padding" between the views, change the constraints of the "container view" relative to each of the Top/Bottom Left/Right views. Here I've changed them from Zero to 8 (no other changes needed)

And, the results:




Finally, here is the source of the Storyboard:
<?xml version="1.0" encoding="UTF-8"?>
<document type="com.apple.InterfaceBuilder3.CocoaTouch.Storyboard.XIB" version="3.0" toolsVersion="14460.31" targetRuntime="iOS.CocoaTouch" propertyAccessControl="none" useAutolayout="YES" useTraitCollections="YES" useSafeAreas="YES" colorMatched="YES" initialViewController="yEI-oI-7TM">
<device id="retina4_7" orientation="portrait">
<adaptation id="fullscreen"/>
</device>
<dependencies>
<deployment identifier="iOS"/>
<plugIn identifier="com.apple.InterfaceBuilder.IBCocoaTouchPlugin" version="14460.20"/>
<capability name="Safe area layout guides" minToolsVersion="9.0"/>
<capability name="documents saved in the Xcode 8 format" minToolsVersion="8.0"/>
</dependencies>
<scenes>
<!--View Controller-->
<scene sceneID="lsW-Jh-u0o">
<objects>
<viewController id="yEI-oI-7TM" sceneMemberID="viewController">
<view key="view" contentMode="scaleToFill" id="bPW-Lv-D8K">
<rect key="frame" x="0.0" y="0.0" width="375" height="667"/>
<autoresizingMask key="autoresizingMask" widthSizable="YES" heightSizable="YES"/>
<subviews>
<label opaque="NO" userInteractionEnabled="NO" contentMode="left" horizontalHuggingPriority="251" verticalHuggingPriority="251" text="200 x 28" textAlignment="center" lineBreakMode="tailTruncation" numberOfLines="0" baselineAdjustment="alignBaselines" adjustsFontSizeToFit="NO" translatesAutoresizingMaskIntoConstraints="NO" id="ufs-Rs-T6p">
<rect key="frame" x="87.5" y="20" width="200" height="28"/>
<color key="backgroundColor" red="0.45138680930000002" green="0.99309605359999997" blue="1" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstAttribute="width" constant="200" id="KeC-SC-7sr"/>
<constraint firstAttribute="height" constant="28" id="Snc-pq-7hW"/>
</constraints>
<fontDescription key="fontDescription" type="system" pointSize="17"/>
<nil key="textColor"/>
<nil key="highlightedColor"/>
</label>
<label opaque="NO" userInteractionEnabled="NO" contentMode="left" horizontalHuggingPriority="251" verticalHuggingPriority="251" textAlignment="center" lineBreakMode="tailTruncation" numberOfLines="0" baselineAdjustment="alignBaselines" adjustsFontSizeToFit="NO" translatesAutoresizingMaskIntoConstraints="NO" id="ytj-cQ-xcw">
<rect key="frame" x="0.0" y="258.5" width="34" height="150"/>
<color key="backgroundColor" red="0.45138680930000002" green="0.99309605359999997" blue="1" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstAttribute="height" constant="150" id="LDr-tW-Ea2"/>
<constraint firstAttribute="width" constant="34" id="jXP-5w-bh0"/>
</constraints>
<string key="text">34
x
150</string>
<fontDescription key="fontDescription" type="system" pointSize="17"/>
<nil key="textColor"/>
<nil key="highlightedColor"/>
</label>
<label opaque="NO" userInteractionEnabled="NO" contentMode="left" horizontalHuggingPriority="251" verticalHuggingPriority="251" textAlignment="center" lineBreakMode="tailTruncation" numberOfLines="0" baselineAdjustment="alignBaselines" adjustsFontSizeToFit="NO" translatesAutoresizingMaskIntoConstraints="NO" id="FKr-kC-VXc">
<rect key="frame" x="275" y="233.5" width="100" height="200"/>
<color key="backgroundColor" red="0.45138680930000002" green="0.99309605359999997" blue="1" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstAttribute="height" constant="200" id="JX4-TU-YAy"/>
<constraint firstAttribute="width" constant="100" id="lyr-5f-Pkd"/>
</constraints>
<string key="text">100
x
200</string>
<fontDescription key="fontDescription" type="system" pointSize="17"/>
<nil key="textColor"/>
<nil key="highlightedColor"/>
</label>
<label opaque="NO" userInteractionEnabled="NO" contentMode="left" horizontalHuggingPriority="251" verticalHuggingPriority="251" text="100 x 100" textAlignment="center" lineBreakMode="tailTruncation" numberOfLines="0" baselineAdjustment="alignBaselines" adjustsFontSizeToFit="NO" translatesAutoresizingMaskIntoConstraints="NO" id="Yjf-aU-73z">
<rect key="frame" x="137.5" y="567" width="100" height="100"/>
<color key="backgroundColor" red="0.45138680930000002" green="0.99309605359999997" blue="1" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstAttribute="width" constant="100" id="7cd-f4-E5d"/>
<constraint firstAttribute="height" constant="100" id="OJH-rB-ezu"/>
</constraints>
<fontDescription key="fontDescription" type="system" pointSize="17"/>
<nil key="textColor"/>
<nil key="highlightedColor"/>
</label>
<view contentMode="scaleToFill" translatesAutoresizingMaskIntoConstraints="NO" id="HVg-nR-YS6">
<rect key="frame" x="42" y="56" width="225" height="503"/>
<subviews>
<label opaque="NO" userInteractionEnabled="NO" contentMode="left" horizontalHuggingPriority="251" verticalHuggingPriority="251" text="MyView" textAlignment="center" lineBreakMode="tailTruncation" numberOfLines="0" baselineAdjustment="alignBaselines" adjustsFontSizeToFit="NO" translatesAutoresizingMaskIntoConstraints="NO" id="KKs-Gt-Kdd">
<rect key="frame" x="0.0" y="139" width="225" height="225"/>
<color key="backgroundColor" red="0.0" green="0.58980089430000004" blue="1" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstAttribute="width" secondItem="KKs-Gt-Kdd" secondAttribute="height" multiplier="1:1" id="7W6-ga-lno"/>
</constraints>
<fontDescription key="fontDescription" type="system" pointSize="17"/>
<color key="textColor" white="1" alpha="1" colorSpace="custom" customColorSpace="genericGamma22GrayColorSpace"/>
<nil key="highlightedColor"/>
</label>
</subviews>
<color key="backgroundColor" red="1" green="0.14913141730000001" blue="0.0" alpha="1" colorSpace="custom" customColorSpace="sRGB"/>
<constraints>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="centerY" secondItem="HVg-nR-YS6" secondAttribute="centerY" id="1Xx-i7-Ozs"/>
<constraint firstAttribute="trailing" secondItem="KKs-Gt-Kdd" secondAttribute="trailing" priority="750" id="AGs-sc-h0s"/>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="leading" secondItem="HVg-nR-YS6" secondAttribute="leading" priority="750" id="BpD-Dh-uWw"/>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="top" secondItem="HVg-nR-YS6" secondAttribute="top" priority="750" id="Cab-k8-rRO"/>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="top" relation="greaterThanOrEqual" secondItem="HVg-nR-YS6" secondAttribute="top" id="PA2-Kf-ZGk"/>
<constraint firstAttribute="bottom" secondItem="KKs-Gt-Kdd" secondAttribute="bottom" priority="750" id="XAa-gM-AS6"/>
<constraint firstAttribute="trailing" relation="greaterThanOrEqual" secondItem="KKs-Gt-Kdd" secondAttribute="trailing" id="ZwM-wh-Yva"/>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="centerX" secondItem="HVg-nR-YS6" secondAttribute="centerX" id="gcp-tp-2tO"/>
<constraint firstAttribute="bottom" relation="greaterThanOrEqual" secondItem="KKs-Gt-Kdd" secondAttribute="bottom" id="msf-lp-AEL"/>
<constraint firstItem="KKs-Gt-Kdd" firstAttribute="leading" relation="greaterThanOrEqual" secondItem="HVg-nR-YS6" secondAttribute="leading" id="uSX-oQ-rlK"/>
</constraints>
</view>
</subviews>
<color key="backgroundColor" white="1" alpha="1" colorSpace="custom" customColorSpace="genericGamma22GrayColorSpace"/>
<constraints>
<constraint firstItem="HVg-nR-YS6" firstAttribute="top" secondItem="ufs-Rs-T6p" secondAttribute="bottom" constant="8" id="0dx-30-jr7"/>
<constraint firstItem="tiR-WL-oTG" firstAttribute="trailing" secondItem="FKr-kC-VXc" secondAttribute="trailing" id="9Nc-oP-aij"/>
<constraint firstItem="HVg-nR-YS6" firstAttribute="leading" secondItem="ytj-cQ-xcw" secondAttribute="trailing" constant="8" id="JFX-0b-cV0"/>
<constraint firstItem="ytj-cQ-xcw" firstAttribute="leading" secondItem="tiR-WL-oTG" secondAttribute="leading" id="KdN-6J-uTP"/>
<constraint firstItem="FKr-kC-VXc" firstAttribute="centerY" secondItem="bPW-Lv-D8K" secondAttribute="centerY" id="TZl-s4-qtB"/>
<constraint firstItem="ufs-Rs-T6p" firstAttribute="top" secondItem="tiR-WL-oTG" secondAttribute="top" id="Xik-Uy-8Dc"/>
<constraint firstItem="Yjf-aU-73z" firstAttribute="top" secondItem="HVg-nR-YS6" secondAttribute="bottom" constant="8" id="dWC-mc-WBd"/>
<constraint firstItem="FKr-kC-VXc" firstAttribute="leading" secondItem="HVg-nR-YS6" secondAttribute="trailing" constant="8" id="hvb-za-mJZ"/>
<constraint firstItem="Yjf-aU-73z" firstAttribute="centerX" secondItem="bPW-Lv-D8K" secondAttribute="centerX" id="n15-uw-LKo"/>
<constraint firstItem="tiR-WL-oTG" firstAttribute="bottom" secondItem="Yjf-aU-73z" secondAttribute="bottom" id="uws-fV-jh6"/>
<constraint firstItem="ufs-Rs-T6p" firstAttribute="centerX" secondItem="bPW-Lv-D8K" secondAttribute="centerX" id="zNk-qR-tkB"/>
<constraint firstItem="ytj-cQ-xcw" firstAttribute="centerY" secondItem="bPW-Lv-D8K" secondAttribute="centerY" id="zje-ml-TE1"/>
</constraints>
<viewLayoutGuide key="safeArea" id="tiR-WL-oTG"/>
</view>
</viewController>
<placeholder placeholderIdentifier="IBFirstResponder" id="DYV-sv-5ip" userLabel="First Responder" sceneMemberID="firstResponder"/>
</objects>
<point key="canvasLocation" x="-2338.4000000000001" y="234.33283358320841"/>
</scene>
</scenes>
</document>